THE COTTAGE, GARRETT BANK, WELLAND, MALVERN, WR13 6NF - £745,000

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 COTTAGE is a large extended detached house of 179m², built sometime before 1900, which could now be worth an estimated £796,655. It was last sold for £745,000 in August 2024, which was around 58% above the average August 2024 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE COTTAGE 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 COTTAGE 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
2024 21 AUG	£745,000	£471,263	58% above HPI
2022 2 SEP	£735,000	£481,907	53% above HPI
2001 23 MAR	£270,000	£159,000	70% above HPI

THE COTTAGE 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 COTTAGE sales between March 2001 and August 2024 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 September 2022 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2024 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might THE COTTAGE be worth now?

THE COTTAGE might now be worth an estimated £796,655.

This is based on house price inflation of 6.9%, between August 2024 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 6.9% inflationary increase is applied to the most recent sale price for THE COTTAGE of £745,000 on 21st August 2024. For the value to have increased from £745,000 to £796,655 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of THE COTTAGE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The August 2024 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of THE COTTAGE has not materially changed since August 2024.

How Large is THE COTTAGE?

THE COTTAGE is 179m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% of detached houses houses in Welland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welland, and where THE COTTAGE lies on this distribution: 66% of detached houses houses are smaller than THE COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Welland.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.416 of an acre, or 1,684m². The below map shows the location of THE COTTAGE, 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 COTTAGE). 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 COTTAGE?

THE COTTAGE is located on GARRETT BANK in WELLAND, in the WR13 postcode district. The below map shows the position of THE COTTAGE on GARRETT BANK.