CHYMING, MARTLEY ROAD, LOWER BROADHEATH, WORCESTER, WR2 6QG - £253,000

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

CHYMING is a very small extended detached house of 72m², built sometime between 1991 and 1995. It was last sold for £253,000 in February 2024, which was around 44% below the average February 2024 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

CHYMING Sold Prices

Land registry data shows four sales for CHYMING since 1^st 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 CHYMING 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
2024 13 FEB	£253,000	£448,382	44% below HPI
2014 24 JAN	£185,000	£299,967	38% below HPI
2000 18 AUG	£74,000	£151,633	51% below HPI
1998 18 MAY	£60,000	£112,397	47% below HPI

CHYMING 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 four CHYMING sales between May 1998 and February 2024 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 January 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is CHYMING?

CHYMING is 72m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% 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 CHYMING lies on this distribution: 7% of detached houses are smaller than CHYMING, and 93% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

CHYMING: Plot and Title Map

CHYMING sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of CHYMING, 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 CHYMING). 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 CHYMING?

CHYMING is located on MARTLEY ROAD in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of CHYMING on MARTLEY ROAD.