LEACOTT, TAVERN LANE, NEWNHAM BRIDGE, TENBURY WELLS, WR15 8LR - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LEACOTT is a very small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £492,872. It was last sold for £345,000 in June 2016, which was around 2% below the average June 2016 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

LEACOTT Sold Prices

Land registry data shows two sales for LEACOTT 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 LEACOTT 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
2016 27 JUN	£345,000	£352,746	2% below HPI
2007 12 JUL	£325,000	£330,398	2% below HPI

LEACOTT 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 LEACOTT sales from July 2007 and June 2016 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 July 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2016 sale, which was also at 2% below the HPI.

What might LEACOTT be worth now?

LEACOTT might now be worth an estimated £492,872.

This is based on house price inflation of 42.9%, between June 2016 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 42.9% inflationary increase is applied to the most recent sale price for LEACOTT of £345,000 on 27th June 2016. For the value to have increased from £345,000 to £492,872 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of LEACOTT has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The June 2016 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of LEACOTT has not materially changed since June 2016.

How Large is LEACOTT?

LEACOTT is 95m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in Newnham Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newnham Bridge, and where LEACOTT lies on this distribution: 15% of detached houses houses are smaller than LEACOTT, and 85% of houses are larger. Note that EPC data is not available for all properties in Newnham Bridge.

LEACOTT: Plot and Title Map

LEACOTT sits on a plot of roughly 0.394 of an acre, or 1,594m². The below map shows the location of LEACOTT, 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 LEACOTT). 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 LEACOTT?

LEACOTT is located on TAVERN LANE in NEWNHAM BRIDGE, in the WR15 postcode district. The below map shows the position of LEACOTT on TAVERN LANE.