8, SPINDLE ROAD, MALVERN, WR14 2WB - £425,000

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 SPINDLE ROAD is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £425,000 in October 2022, which was around 8% below the average October 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

8 SPINDLE ROAD Sold Prices

Land registry data shows two sales for 8 SPINDLE ROAD 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 8 SPINDLE ROAD 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 13 OCT	£425,000	£459,833	8% below HPI
2015 22 JUL	£290,000	£313,207	7% below HPI

8 SPINDLE ROAD 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 8 SPINDLE ROAD sales from July 2015 and October 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 July 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 SPINDLE ROAD?

8 SPINDLE ROAD is 140m², which includes one extension, according to the EPC inspection conducted in February 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 8 SPINDLE ROAD lies on this distribution: 72% of detached houses are smaller than 8 SPINDLE ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

8 SPINDLE ROAD: Plot and Title Map

8 SPINDLE ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 SPINDLE ROAD, 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 SPINDLE ROAD). 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 SPINDLE ROAD?

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