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

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

TWIN OAKS is a very large extended detached house of 298m², built sometime between 1996 and 2002. It was last sold for £612,000 in February 2018, which was around 73% 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	£353,451	73% above HPI
2009 4 DEC	£430,000	£279,909	54% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2018 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

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 in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Broadheath, and where TWIN OAKS lies on this distribution: 96% of detached 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.