BANKSIDE, BERRINGTON ROAD, TENBURY WELLS, WR15 8EL - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BANKSIDE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £160,000 in December 2013, which was around 45% below the average December 2013 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE 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 BANKSIDE 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
2013 20 DEC	£160,000	£289,496	45% below HPI
1996 20 SEP	£80,000	£92,014	13% below HPI

BANKSIDE 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 BANKSIDE sales from September 1996 and December 2013 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 September 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 76m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where BANKSIDE lies on this distribution: 18% of detached houses are smaller than BANKSIDE, and 82% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on BERRINGTON ROAD in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of BANKSIDE on BERRINGTON ROAD.