NEEDWOOD, BROCKHILL ROAD, COLWALL, MALVERN, WR13 6EX - £596,000

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

NEEDWOOD is a small detached house of 113m², built sometime between 1967 and 1975. It was last sold for £596,000 in June 2023, which was around 41% above the average June 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

NEEDWOOD Sold Prices

Land registry data shows two sales for NEEDWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two NEEDWOOD 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
2023 13 JUN	£596,000	£421,402	41% above HPI
2007 12 SEP	£355,000	£293,917	21% above HPI

NEEDWOOD 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 two NEEDWOOD sales from September 2007 and June 2023 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 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2023 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is NEEDWOOD?

NEEDWOOD is 113m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Colwall Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Colwall Stone, and where NEEDWOOD lies on this distribution: 25% of detached houses are smaller than NEEDWOOD, and 75% of houses are larger. Note that EPC data is not available for all properties in Colwall Stone.

NEEDWOOD: Plot and Title Map

NEEDWOOD sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of NEEDWOOD, 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 NEEDWOOD). 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 NEEDWOOD?

NEEDWOOD is located on BROCKHILL ROAD in COLWALL, in the WR13 postcode district. The below map shows the position of NEEDWOOD on BROCKHILL ROAD.