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
7 MILL MEADOW is a large extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £160,000 in May 2002, which was around 11% below the average May 2002 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 MILL MEADOW since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two 7 MILL MEADOW sales were 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 |
---|---|---|---|
2002 21 MAY | £160,000 | £179,764 | 11% below HPI |
2002 7 JAN | £168,950 | £176,011 | 4% below HPI |
The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The two 7 MILL MEADOW sales from January 2002 and May 2002 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 January 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2002 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
7 MILL MEADOW is 139m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where 7 MILL MEADOW lies on this distribution: 74% of detached houses are smaller than 7 MILL MEADOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.
7 MILL MEADOW sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 7 MILL MEADOW, 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 7 MILL MEADOW). 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.
7 MILL MEADOW is located in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of No. 7 on MILL MEADOW.