CARICE, CROWN EAST LANE, LOWER BROADHEATH, WORCESTER, WR2 6RH - £515,000

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

CARICE is a small detached house of 121m², built sometime between 2003 and 2006. It was last sold for £515,000 in February 2022, which was around 23% above the average February 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

CARICE Sold Prices

Land registry data shows two sales for CARICE 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 CARICE 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
2022 18 FEB	£515,000	£418,592	23% above HPI
2016 20 SEP	£385,000	£334,527	15% above HPI

CARICE 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 CARICE sales from September 2016 and February 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 September 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is CARICE?

CARICE is 121m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Broadheath, and where CARICE lies on this distribution: 39% of detached houses are smaller than CARICE, and 60% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

CARICE: Plot and Title Map

CARICE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of CARICE, 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 CARICE). 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 CARICE?

CARICE is located on CROWN EAST LANE in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of CARICE on CROWN EAST LANE.