MYRTLE VILLA, WESTFIELDS, CRADLEY, MALVERN, WR13 5HZ - £250,000

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

MYRTLE VILLA is a small extended detached house of 99m², built sometime before 1900. It was last sold for £250,000 in April 2017, which was around 20% below the average April 2017 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

MYRTLE VILLA Sold Prices

Land registry data shows five sales for MYRTLE VILLA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Most of the five MYRTLE VILLA 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
2017 11 APR	£250,000	£312,857	20% below HPI
2015 8 JUN	£250,000	£292,443	15% below HPI
2006 15 FEB	£285,000	£255,976	11% above HPI
2005 11 FEB	£185,000	£247,166	25% below HPI
2004 29 APR	£185,000	£230,753	20% below HPI

MYRTLE VILLA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The five MYRTLE VILLA sales between April 2004 and April 2017 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MYRTLE VILLA?

MYRTLE VILLA is 99m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westfield, and where MYRTLE VILLA lies on this distribution: 24% of detached houses are smaller than MYRTLE VILLA, and 76% of houses are larger. Note that EPC data is not available for all properties in Westfield.

MYRTLE VILLA: Plot and Title Map

MYRTLE VILLA sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of MYRTLE VILLA, 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 MYRTLE VILLA). 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 MYRTLE VILLA?

MYRTLE VILLA is located on WESTFIELDS in CRADLEY, in the WR13 postcode district. The below map shows the position of MYRTLE VILLA on WESTFIELDS.