MAY COTTAGE, DRAKE STREET, WELLAND, MALVERN, WR13 6LP - £415,000

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.

MAY COTTAGE is a very large extended detached house of 238m², built sometime before 1900, which could now be worth an estimated £722,943. It was last sold for £415,000 in August 2004, which was around 43% above the average August 2004 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

MAY COTTAGE Sold Prices

Land registry data shows two sales for MAY COTTAGE 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 MAY 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
2004 27 AUG	£415,000	£289,282	43% above HPI
1999 30 APR	£152,000	£124,949	22% above HPI

MAY 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 two MAY COTTAGE sales from April 1999 and August 2004 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 April 1999 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2004 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might MAY COTTAGE be worth now?

MAY COTTAGE might now be worth an estimated £722,943.

This is based on house price inflation of 74.2%, between August 2004 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 74.2% inflationary increase is applied to the most recent sale price for MAY COTTAGE of £415,000 on 27th August 2004. For the value to have increased from £415,000 to £722,943 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of MAY COTTAGE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2004 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of MAY COTTAGE has not materially changed since August 2004.

How Large is MAY COTTAGE?

MAY COTTAGE is 238m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Welland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welland, and where MAY COTTAGE lies on this distribution: 92% of detached houses houses are smaller than MAY COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Welland.

MAY COTTAGE: Plot and Title Map

MAY COTTAGE sits on a plot of roughly 0.355 of an acre, or 1,437m². The below map shows the location of MAY 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 MAY 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 MAY COTTAGE?

MAY COTTAGE is located on DRAKE STREET in WELLAND, in the WR13 postcode district. The below map shows the position of MAY COTTAGE on DRAKE STREET.