REDGATE, BROMYARD ROAD, TENBURY WELLS, WR15 8BS - £780,000

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

REDGATE is a very large extended detached house of 495m², built sometime before 1900. It was last sold for £780,000 in January 2023, which was around 68% above the average January 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

REDGATE Sold Prices

Land registry data shows two sales for REDGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two REDGATE 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 11 JAN	£780,000	£464,188	68% above HPI
2002 17 JUL	£215,000	£195,160	10% above HPI

REDGATE 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 two REDGATE sales from July 2002 and January 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 July 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2023 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is REDGATE?

REDGATE is 495m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 10% 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 REDGATE lies on this distribution: More than 99% of detached houses are smaller than REDGATE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

REDGATE: Plot and Title Map

REDGATE sits on a plot of roughly 0.439 of an acre, or 1,775m². The below map shows the location of REDGATE, 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 REDGATE). 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 REDGATE?

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