8, AVON CLOSE, MALVERN, WR14 2SX - £487,500

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.

8 AVON CLOSE is a small detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £529,926. It was last sold for £487,500 in July 2022, which was around 5% above the average July 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

8 AVON CLOSE Sold Prices

Land registry data shows three sales for 8 AVON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. One of the three 8 AVON CLOSE sales was for above the average price, whilst two 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 28 JUL	£487,500	£463,593	5% above HPI
2021 11 JAN	£385,000	£414,488	7% below HPI
2007 13 AUG	£280,000	£335,418	17% below HPI

8 AVON 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 three 8 AVON CLOSE sales between August 2007 and July 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 January 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 AVON CLOSE be worth now?

8 AVON CLOSE might now be worth an estimated £529,926.

This is based on house price inflation of 8.7%, between July 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 8.7% inflationary increase is applied to the most recent sale price for 8 AVON CLOSE of £487,500 on 28th July 2022. For the value to have increased from £487,500 to £529,926 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 AVON CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The July 2022 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of 8 AVON CLOSE has not materially changed since July 2022.

How Large is 8 AVON CLOSE?

8 AVON CLOSE is 92m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Malvern, and where 8 AVON CLOSE lies on this distribution: 27% of detached houses houses are smaller than 8 AVON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

8 AVON CLOSE: Plot and Title Map

8 AVON CLOSE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 8 AVON 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 8 AVON 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 8 AVON CLOSE?

8 AVON CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 8 on AVON CLOSE.