THE PARKS, BERRINGTON ROAD, TENBURY WELLS, WR15 8EJ - £440,000

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

THE PARKS is a midsized detached house of 105m², built sometime between 1991 and 1995. It was last sold for £440,000 in December 2011, which was around 57% above the average December 2011 detached price in the Malvern Hills local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

THE PARKS Sold Prices

Land registry data shows two sales for THE PARKS 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 THE PARKS 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
2011 13 DEC	£440,000	£279,562	57% above HPI
2006 15 MAY	£463,000	£274,868	68% above HPI

THE PARKS 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 THE PARKS sales from May 2006 and December 2011 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 2006 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2011 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is THE PARKS?

THE PARKS is 105m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% 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 THE PARKS lies on this distribution: 42% of detached houses are smaller than THE PARKS, and 58% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

THE PARKS: Plot and Title Map

THE PARKS sits on a plot of roughly 1.2 acres, or 4,762m². The below map shows the location of THE PARKS, 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 PARKS). 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 PARKS?

THE PARKS is located on BERRINGTON ROAD in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of THE PARKS on BERRINGTON ROAD.