8, LAMB BANK, MALVERN, WR14 4NE - £180,000

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

8 LAMB BANK is a very small detached house of 43m², built sometime between 1930 and 1949. It was last sold for £180,000 in August 2021, which was around 57% below the average August 2021 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was A.

8 LAMB BANK Sold Prices

Land registry data shows three sales for 8 LAMB BANK 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. All of the three 8 LAMB BANK 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
2021 24 AUG	£180,000	£417,478	57% below HPI
2005 30 AUG	£120,000	£274,271	56% below HPI
1999 21 MAY	£49,000	£120,644	59% below HPI

8 LAMB BANK 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 LAMB BANK sales between May 1999 and August 2021 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 August 2005 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2021 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 8 LAMB BANK?

8 LAMB BANK is 43m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 8 LAMB BANK lies on this distribution: Less than 1% of detached houses are smaller than 8 LAMB BANK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

8 LAMB BANK: Plot and Title Map

8 LAMB BANK sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 8 LAMB BANK, 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 LAMB BANK). 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 LAMB BANK?

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