HIGH OAKS, BELL LANE, LOWER BROADHEATH, WORCESTER, WR2 6RR - £640,000

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

HIGH OAKS is a large extended detached house of 170m², built sometime between 1967 and 1975. It was last sold for £640,000 in March 2018, which was around 82% above the average March 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

HIGH OAKS Sold Prices

Land registry data shows two sales for HIGH OAKS 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 HIGH OAKS 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 9 MAR	£640,000	£351,620	82% above HPI
2004 20 AUG	£365,000	£272,365	34% above HPI

HIGH OAKS 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 HIGH OAKS sales from August 2004 and March 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 August 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2018 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is HIGH OAKS?

HIGH OAKS is 170m², which includes four extensions, according to the EPC inspection conducted in February 2017. 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 HIGH OAKS lies on this distribution: 70% of detached houses are smaller than HIGH OAKS, and 30% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

HIGH OAKS: Plot and Title Map

HIGH OAKS sits on a plot of roughly 0.351 of an acre, or 1,419m². The below map shows the location of HIGH OAKS, 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 HIGH OAKS). 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 HIGH OAKS?

HIGH OAKS is located on BELL LANE in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of HIGH OAKS on BELL LANE.