TWIN OAKS, BELL LANE, LOWER BROADHEATH, WORCESTER, WR2 6RR - £612,000

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.

TWIN OAKS is a very large extended detached house of 298m², built sometime between 1996 and 2002, which could now be worth an estimated £821,542. It was last sold for £612,000 in February 2018, which was around 63% above the average February 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

TWIN OAKS Sold Prices

Land registry data shows two sales for TWIN OAKS 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 TWIN OAKS 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
2018 23 FEB	£612,000	£375,404	63% above HPI
2009 4 DEC	£430,000	£297,294	45% above HPI

TWIN OAKS 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 TWIN OAKS sales from December 2009 and February 2018 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 December 2009 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2018 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might TWIN OAKS be worth now?

TWIN OAKS might now be worth an estimated £821,542.

This is based on house price inflation of 34.2%, between February 2018 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 34.2% inflationary increase is applied to the most recent sale price for TWIN OAKS of £612,000 on 23rd February 2018. For the value to have increased from £612,000 to £821,542 over the seven years to February 2025, the following assumptions must hold true:

• The value of TWIN OAKS has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The February 2018 sale price of £612,000 represented a fair market value for the property.
• The size, condition, and specification of TWIN OAKS has not materially changed since February 2018.

How Large is TWIN OAKS?

TWIN OAKS is 298m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% 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 TWIN OAKS lies on this distribution: 96% of detached houses houses are smaller than TWIN OAKS, and 4% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

TWIN OAKS: Plot and Title Map

TWIN OAKS sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of TWIN OAKS, 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 TWIN OAKS). 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 TWIN OAKS?

TWIN OAKS is located on BELL LANE in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of TWIN OAKS on BELL LANE.