5, SPRING CLOSE, COLWALL, MALVERN, WR13 6RE - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 SPRING CLOSE is a midsized detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £518,935. It was last sold for £500,000 in August 2022, which was around 17% above the average August 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 SPRING CLOSE Sold Prices

Land registry data shows two sales for 5 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the two 5 SPRING CLOSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 AUG	£500,000	£426,778	17% above HPI
2009 18 DEC	£265,000	£267,526	1% below HPI

5 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 5 SPRING CLOSE sales from December 2009 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 5 SPRING CLOSE be worth now?

5 SPRING CLOSE might now be worth an estimated £518,935.

This is based on house price inflation of 3.8%, between August 2022 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 5 SPRING CLOSE of £500,000 on 22nd August 2022. For the value to have increased from £500,000 to £518,935 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 SPRING CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The August 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING CLOSE has not materially changed since August 2022.

How Large is 5 SPRING CLOSE?

5 SPRING CLOSE is 128m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses houses in Colwall Stone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwall Stone, and where 5 SPRING CLOSE lies on this distribution: 41% of detached houses houses are smaller than 5 SPRING CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Colwall Stone.

5 SPRING CLOSE: Plot and Title Map

5 SPRING CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 5 SPRING CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 SPRING CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 SPRING CLOSE?

5 SPRING CLOSE is located in COLWALL, in the WR13 postcode district. The below map shows the position of No. 5 on SPRING CLOSE.