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 WESTMINSTER ROAD is a very large detached house of 156m², built sometime before 1900. It was last sold for £389,000 in January 2017, which was around 13% above the average January 2017 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 WESTMINSTER ROAD 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. Both of the two 8 WESTMINSTER ROAD sales were 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 |
---|---|---|---|
2017 24 JAN | £389,000 | £344,261 | 13% above HPI |
1996 1 FEB | £117,500 | £85,655 | 37% 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 8 WESTMINSTER ROAD sales from February 1996 and January 2017 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 February 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2017 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
8 WESTMINSTER ROAD is 156m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 WESTMINSTER ROAD lies on this distribution: 80% of detached houses are smaller than 8 WESTMINSTER ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
8 WESTMINSTER ROAD sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 8 WESTMINSTER 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 WESTMINSTER 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.
8 WESTMINSTER ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 8 on WESTMINSTER ROAD.