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
92 WELLS ROAD is a very large extended detached house of 255m², built sometime before 1900. It was last sold for £825,000 in September 2023, which was around 76% above the average September 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2022, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows four sales for 92 WELLS ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the four 92 WELLS 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 |
---|---|---|---|
2023 29 SEP | £825,000 | £468,098 | 76% above HPI |
2007 11 APR | £605,000 | £291,833 | 107% above HPI |
2006 4 JUL | £545,000 | £292,376 | 86% above HPI |
1997 15 MAY | £177,000 | £101,441 | 74% 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 four 92 WELLS ROAD sales between May 1997 and September 2023 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 April 2007 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the September 2023 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.
92 WELLS ROAD is 255m², which includes four extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 92 WELLS ROAD lies on this distribution: 97% of detached houses are smaller than 92 WELLS ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.
92 WELLS ROAD sits on a plot of roughly 0.510 of an acre, or 2,065m². The below map shows the location of 92 WELLS 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 92 WELLS 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.
92 WELLS ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 92 on WELLS ROAD.