PARK HOUSE, BERRINGTON ROAD, TENBURY WELLS, WR15 8EJ - £345,000

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.

PARK HOUSE is a very large detached house of 188m², built sometime between 2003 and 2006, which could now be worth an estimated £572,517. It was last sold for £345,000 in May 2013, which was around 14% above the average May 2013 detached price in the Malvern Hills local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

PARK HOUSE Sold Prices

Land registry data shows three sales for PARK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Two of the three PARK HOUSE sales were for above the average price, whilst one 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
2013 17 MAY	£345,000	£303,674	14% above HPI
2007 30 NOV	£353,000	£333,836	6% above HPI
2001 1 JUN	£155,000	£164,451	6% below HPI

PARK HOUSE 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 three PARK HOUSE sales between June 2001 and May 2013 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 November 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2013 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might PARK HOUSE be worth now?

PARK HOUSE might now be worth an estimated £572,517.

This is based on house price inflation of 65.9%, between May 2013 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 65.9% inflationary increase is applied to the most recent sale price for PARK HOUSE of £345,000 on 17th May 2013. For the value to have increased from £345,000 to £572,517 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of PARK HOUSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The May 2013 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of PARK HOUSE has not materially changed since May 2013.

How Large is PARK HOUSE?

PARK HOUSE is 188m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tenbury Wells, and where PARK HOUSE lies on this distribution: 94% of detached houses houses are smaller than PARK HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.425 of an acre, or 1,720m². The below map shows the location of PARK HOUSE, 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 PARK HOUSE). 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 PARK HOUSE?

PARK HOUSE is located on BERRINGTON ROAD in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of PARK HOUSE on BERRINGTON ROAD.