Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 RED EARL LANE is a large extended detached house of 153m², built sometime between 1967 and 1975. It was last sold for £257,500 in January 2016, which was around 22% below the average January 2016 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 RED EARL LANE 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. One of the two 7 RED EARL LANE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2016 27 JAN | £257,500 | £331,380 | 22% below HPI |
2000 26 MAY | £142,500 | £140,720 | 1% 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 two 7 RED EARL LANE sales from May 2000 and January 2016 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 May 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
7 RED EARL LANE is 153m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 7 RED EARL LANE lies on this distribution: 79% of detached houses are smaller than 7 RED EARL LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
7 RED EARL LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 7 RED EARL LANE, 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 RED EARL LANE). 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 RED EARL LANE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 7 on RED EARL LANE.