ASHE MEAD, ANKERDINE ROAD, LOWER BROADHEATH, WORCESTER, WR2 6RN - £1,305,000

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.

ASHE MEAD is a very large extended detached house of 264m², built sometime between 1983 and 1990, which could now be worth an estimated £1,385,087. It was last sold for £1,305,000 in July 2023, which was around 175% above the average July 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

ASHE MEAD Sold Prices

Land registry data shows two sales for ASHE MEAD 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 ASHE MEAD 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 28 JUL	£1,305,000	£474,800	175% above HPI
2019 17 JUN	£450,000	£401,202	12% above HPI

ASHE MEAD 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 ASHE MEAD sales from June 2019 and July 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 June 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2023 sale, where it rises to 175% above the HPI. The line then continues to track at 175% above the HPI.

What might ASHE MEAD be worth now?

ASHE MEAD might now be worth an estimated £1,385,087.

This is based on house price inflation of 6.1%, between July 2023 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 6.1% inflationary increase is applied to the most recent sale price for ASHE MEAD of £1,305,000 on 28th July 2023. For the value to have increased from £1,305,000 to £1,385,087 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of ASHE MEAD has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The July 2023 sale price of £1,305,000 represented a fair market value for the property.
• The size, condition, and specification of ASHE MEAD has not materially changed since July 2023.

How Large is ASHE MEAD?

ASHE MEAD is 264m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Broadheath, and where ASHE MEAD lies on this distribution: 93% of detached houses houses are smaller than ASHE MEAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

Where is ASHE MEAD?

ASHE MEAD is located on ANKERDINE ROAD in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of ASHE MEAD on ANKERDINE ROAD.