KIRKWAY, CHURCH LANE, LOWER BROADHEATH, WORCESTER, WR2 6QY - £450,000

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.

KIRKWAY is a large extended detached house of 162m², built sometime between 1950 and 1966, which could now be worth an estimated £479,733. It was last sold for £450,000 in August 2022, which was around 5% below the average August 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

KIRKWAY Sold Prices

Land registry data shows two sales for KIRKWAY 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 KIRKWAY 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
2022 19 AUG	£450,000	£472,705	5% below HPI
2016 15 SEP	£285,000	£355,305	20% below HPI

KIRKWAY 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 KIRKWAY sales from September 2016 and August 2022 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might KIRKWAY be worth now?

KIRKWAY might now be worth an estimated £479,733.

This is based on house price inflation of 6.6%, between August 2022 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 6.6% inflationary increase is applied to the most recent sale price for KIRKWAY of £450,000 on 19th August 2022. For the value to have increased from £450,000 to £479,733 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of KIRKWAY has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of KIRKWAY has not materially changed since August 2022.

How Large is KIRKWAY?

KIRKWAY is 162m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% 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 KIRKWAY lies on this distribution: 64% of detached houses houses are smaller than KIRKWAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

KIRKWAY: Plot and Title Map

KIRKWAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of KIRKWAY, 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 KIRKWAY). 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 KIRKWAY?

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