THE BUNGALOW, SAILORS BANK, LOWER BROADHEATH, WORCESTER, WR2 6QT - £370,000

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.

THE BUNGALOW is a very small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £381,776. It was last sold for £370,000 in October 2022, which was around 24% below the average October 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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 THE BUNGALOW 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
2022 7 OCT	£370,000	£488,394	24% below HPI
2020 28 OCT	£200,000	£406,708	51% below HPI
2016 4 JAN	£285,000	£351,963	19% below HPI

THE BUNGALOW 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 THE BUNGALOW sales between January 2016 and October 2022 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 October 2020 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £381,776.

This is based on house price inflation of 3.2%, between October 2022 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 3.2% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £370,000 on 7th October 2022. For the value to have increased from £370,000 to £381,776 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The October 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since October 2022.

How Large is THE BUNGALOW?

THE BUNGALOW is 86m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Broadheath, and where THE BUNGALOW lies on this distribution: 15% of detached houses houses are smaller than THE BUNGALOW, and 85% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on SAILORS BANK in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of THE BUNGALOW on SAILORS BANK.