GRANGE COTTAGE, GRANGE LANE, LOWER BROADHEATH, WORCESTER, WR2 6RW - £405,000

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

GRANGE COTTAGE is a large extended detached house of 185m², built sometime between 1900 and 1929. It was last sold for £405,000 in April 2014, which was around 40% above the average April 2014 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

GRANGE COTTAGE Sold Prices

Land registry data shows three sales for GRANGE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the three GRANGE COTTAGE 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
2014 17 APR	£405,000	£289,284	40% above HPI
2006 19 JAN	£349,950	£259,962	35% above HPI
2000 27 NOV	£170,000	£146,057	16% above HPI

GRANGE COTTAGE 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 three GRANGE COTTAGE sales between November 2000 and April 2014 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 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is GRANGE COTTAGE?

GRANGE COTTAGE is 185m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% 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 GRANGE COTTAGE lies on this distribution: 73% of detached houses are smaller than GRANGE COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

GRANGE COTTAGE: Plot and Title Map

GRANGE COTTAGE sits on a plot of roughly 0.252 of an acre, or 1,021m². The below map shows the location of GRANGE COTTAGE, 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 GRANGE COTTAGE). 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 GRANGE COTTAGE?

GRANGE COTTAGE is located on GRANGE LANE in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of GRANGE COTTAGE on GRANGE LANE.