7, ORLETON CLOSE, WELLAND, MALVERN, WR13 6SQ - £397,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ORLETON CLOSE is a small detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £415,672. It was last sold for £397,500 in September 2022, which was around 18% below the average September 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2022, where the current energy rating was F, and the potential energy rating was B.

7 ORLETON CLOSE Sold Prices

Land registry data shows two sales for 7 ORLETON 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 Malvern Hills local authority area for the corresponding sale date. Both of the two 7 ORLETON CLOSE 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
2022 2 SEP	£397,500	£481,907	18% below HPI
2021 30 SEP	£300,000	£441,607	32% below HPI

7 ORLETON CLOSE Price Paid vs. HPI Average

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 ORLETON CLOSE sales from September 2021 and September 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 September 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 ORLETON CLOSE be worth now?

7 ORLETON CLOSE might now be worth an estimated £415,672.

This is based on house price inflation of 4.6%, between September 2022 and February 2025, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 7 ORLETON CLOSE of £397,500 on 2nd September 2022. For the value to have increased from £397,500 to £415,672 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 ORLETON CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The September 2022 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ORLETON CLOSE has not materially changed since September 2022.

How Large is 7 ORLETON CLOSE?

7 ORLETON CLOSE is 99m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Welland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welland, and where 7 ORLETON CLOSE lies on this distribution: 24% of detached houses houses are smaller than 7 ORLETON CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Welland.

7 ORLETON CLOSE: Plot and Title Map

7 ORLETON CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 ORLETON 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 7 ORLETON 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 7 ORLETON CLOSE?

7 ORLETON CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 7 on ORLETON CLOSE.