PINEWOOD, OLDWOOD ROAD, TENBURY WELLS, WR15 8DP - £280,000

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

PINEWOOD is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £280,000 in June 2014, which was around 9% below the average June 2014 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

PINEWOOD Sold Prices

Land registry data shows three sales for PINEWOOD 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. All of the three PINEWOOD 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
2014 26 JUN	£280,000	£308,528	9% below HPI
2010 20 MAY	£230,000	£276,905	17% below HPI
2000 29 NOV	£134,000	£146,057	8% below HPI

PINEWOOD 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 PINEWOOD sales between November 2000 and June 2014 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 May 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is PINEWOOD?

PINEWOOD is 96m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 40% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where PINEWOOD lies on this distribution: 36% of detached houses are smaller than PINEWOOD, and 64% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

PINEWOOD: Plot and Title Map

PINEWOOD sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of PINEWOOD, 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 PINEWOOD). 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 PINEWOOD?

PINEWOOD is located on OLDWOOD ROAD in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of PINEWOOD on OLDWOOD ROAD.