OUTLOOK, BOSBURY ROAD, CRADLEY, MALVERN, WR13 5JA - £675,000

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

OUTLOOK is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £675,000 in March 2023, which was around 58% above the average March 2023 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

OUTLOOK Sold Prices

Land registry data shows four sales for OUTLOOK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the four OUTLOOK 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 24 MAR	£675,000	£427,918	58% above HPI
2019 5 SEP	£500,000	£346,227	44% above HPI
2016 23 AUG	£387,500	£307,594	26% above HPI
2004 28 SEP	£275,000	£256,709	7% above HPI

OUTLOOK 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 four OUTLOOK sales between September 2004 and March 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 2019 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is OUTLOOK?

OUTLOOK is 148m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 OUTLOOK lies on this distribution: 71% of detached houses are smaller than OUTLOOK, and 26% of houses are larger. Note that EPC data is not available for all properties in Westfield.

OUTLOOK: Plot and Title Map

OUTLOOK sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of OUTLOOK, 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 OUTLOOK). 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 OUTLOOK?

OUTLOOK is located on BOSBURY ROAD in CRADLEY, in the WR13 postcode district. The below map shows the position of OUTLOOK on BOSBURY ROAD.