Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
68 LOWER ROAD is a very large detached house of 198m², built sometime between 1996 and 2002. It was last sold for £725,000 in December 2023, which was around 56% above the average December 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 68 LOWER ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the five 68 LOWER ROAD sales were for above 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 |
---|---|---|---|
2023 7 DEC | £725,000 | £465,154 | 56% above HPI |
2005 14 OCT | £410,000 | £273,969 | 50% above HPI |
2000 1 SEP | £215,000 | £150,503 | 43% above HPI |
1999 29 OCT | £187,950 | £135,165 | 39% above HPI |
1998 15 JAN | £187,500 | £103,872 | 81% above HPI |
The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The five 68 LOWER ROAD sales between January 1998 and December 2023 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 October 2005 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2023 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
68 LOWER ROAD is 198m² according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 68 LOWER ROAD lies on this distribution: 91% of detached houses are smaller than 68 LOWER ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
68 LOWER ROAD sits on a plot of roughly 0.335 of an acre, or 1,355m². The below map shows the location of 68 LOWER ROAD, 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 68 LOWER ROAD). 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.
68 LOWER ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 68 on LOWER ROAD.