1, FIELD FARE CLOSE, MALVERN, WR14 1UW - £281,500

1 FIELD FARE CLOSE is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £281,500 in January 2017, which was around 18% below the average January 2017 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

1 FIELD FARE CLOSE Sold Prices

Land registry data shows two sales for 1 FIELD FARE CLOSE 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 1 FIELD FARE CLOSE 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
2017 16 JAN	£281,500	£344,261	18% below HPI
2007 2 AUG	£210,500	£315,803	33% below HPI

1 FIELD FARE CLOSE 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 1 FIELD FARE CLOSE sales from August 2007 and January 2017 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 August 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 FIELD FARE CLOSE?

1 FIELD FARE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 1 FIELD FARE CLOSE lies on this distribution: 18% of detached houses are smaller than 1 FIELD FARE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

1 FIELD FARE CLOSE: Plot and Title Map

1 FIELD FARE CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 1 FIELD FARE CLOSE, 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 1 FIELD FARE CLOSE). 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 1 FIELD FARE CLOSE?

1 FIELD FARE CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 1 on FIELD FARE CLOSE.