ELBIN VILLA, MARTLEY ROAD, LOWER BROADHEATH, WORCESTER, WR2 6QG - £595,000

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.

ELBIN VILLA is a large extended detached house of 198m², built sometime between 1900 and 1929, which could now be worth an estimated £783,570. It was last sold for £595,000 in August 2018, which was around 55% above the average August 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

ELBIN VILLA Sold Prices

Land registry data shows two sales for ELBIN VILLA 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 ELBIN VILLA 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
2018 16 AUG	£595,000	£382,663	55% above HPI
2017 17 MAR	£540,000	£362,679	49% above HPI

ELBIN VILLA 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 ELBIN VILLA sales from March 2017 and August 2018 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 March 2017 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the August 2018 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might ELBIN VILLA be worth now?

ELBIN VILLA might now be worth an estimated £783,570.

This is based on house price inflation of 31.7%, between August 2018 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 31.7% inflationary increase is applied to the most recent sale price for ELBIN VILLA of £595,000 on 16th August 2018. For the value to have increased from £595,000 to £783,570 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of ELBIN VILLA has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2018 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of ELBIN VILLA has not materially changed since August 2018.

How Large is ELBIN VILLA?

ELBIN VILLA is 198m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 ELBIN VILLA lies on this distribution: 78% of detached houses houses are smaller than ELBIN VILLA, and 22% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

ELBIN VILLA: Plot and Title Map

ELBIN VILLA sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of ELBIN VILLA, 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 ELBIN VILLA). 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 ELBIN VILLA?

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