FOUR GABLES, MARTLEY ROAD, LOWER BROADHEATH, WORCESTER, WR2 6QG - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FOUR GABLES is a small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £380,000 in August 2018, which was around 5% above the average August 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

FOUR GABLES Sold Prices

Land registry data shows two sales for FOUR GABLES 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. One of the two FOUR GABLES sales was for above the average price, whilst the other was 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
2018 3 AUG	£380,000	£360,286	5% above HPI
2004 1 SEP	£160,000	£273,972	42% below HPI

FOUR GABLES 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 FOUR GABLES sales from September 2004 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 September 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is FOUR GABLES?

FOUR GABLES is 119m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 FOUR GABLES lies on this distribution: 36% of detached houses are smaller than FOUR GABLES, and 63% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

FOUR GABLES: Plot and Title Map

FOUR GABLES sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of FOUR GABLES, 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 FOUR GABLES). 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 FOUR GABLES?

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