MILDEN, WORCESTER ROAD, HANLEY SWAN, WORCESTER, WR8 0EA - £585,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILDEN is a midsized extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £585,000 in October 2020, which was around 53% above the average October 2020 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was B.

MILDEN Sold Prices

Land registry data shows two sales for MILDEN 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. One of the two MILDEN sales was for above the average price, whilst the other was 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
2020 30 OCT	£585,000	£382,924	53% above HPI
2006 2 JUN	£249,000	£283,312	12% below HPI

MILDEN 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 MILDEN sales from June 2006 and October 2020 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 June 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is MILDEN?

MILDEN is 170m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Hanley Swan, based on EPC data. The below chart shows the distribution of detached houses by size in Hanley Swan, and where MILDEN lies on this distribution: 56% of detached houses are smaller than MILDEN, and 44% of houses are larger. Note that EPC data is not available for all properties in Hanley Swan.

MILDEN: Plot and Title Map

MILDEN sits on a plot of roughly 0.198 of an acre, or 800m². The below map shows the location of MILDEN, 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 MILDEN). 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 MILDEN?

MILDEN is located on WORCESTER ROAD in HANLEY SWAN, in the WR8 postcode district. The below map shows the position of MILDEN on WORCESTER ROAD.