SHERE CROFT, BROMYARD ROAD, TENBURY WELLS, WR15 8BS - £380,000

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

SHERE CROFT is a very large extended detached house of 232m², built sometime before 1900. It was last sold for £380,000 in April 2017, which was around 11% above the average April 2017 detached price in the Malvern Hills local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

SHERE CROFT Sold Prices

Land registry data shows two sales for SHERE CROFT 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 SHERE CROFT 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
2017 28 APR	£380,000	£341,097	11% above HPI
2007 6 JUL	£445,000	£311,077	43% above HPI

SHERE CROFT 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 SHERE CROFT sales from July 2007 and April 2017 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 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is SHERE CROFT?

SHERE CROFT is 232m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 SHERE CROFT lies on this distribution: 96% of detached houses are smaller than SHERE CROFT, and 4% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

SHERE CROFT: Plot and Title Map

SHERE CROFT sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of SHERE CROFT, 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 SHERE CROFT). 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 SHERE CROFT?

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