12, ORLETON CLOSE, WELLAND, MALVERN, WR13 6SQ - £220,000

12 ORLETON CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £220,000 in July 2015, which was around 30% below the average July 2015 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

12 ORLETON CLOSE Sold Prices

Land registry data shows three sales for 12 ORLETON CLOSE 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 12 ORLETON 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
2015 13 JUL	£220,000	£313,207	30% below HPI
2005 17 AUG	£185,000	£274,271	33% below HPI
1997 21 MAR	£80,500	£96,187	16% below HPI

12 ORLETON 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 three 12 ORLETON CLOSE sales between March 1997 and July 2015 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 ORLETON CLOSE?

12 ORLETON CLOSE is 81m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Welland, based on EPC data. The below chart shows the distribution of detached houses by size in Welland, and where 12 ORLETON CLOSE lies on this distribution: 6% of detached houses are smaller than 12 ORLETON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Welland.

12 ORLETON CLOSE: Plot and Title Map

12 ORLETON CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 12 ORLETON 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 12 ORLETON 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 12 ORLETON CLOSE?

12 ORLETON CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 12 on ORLETON CLOSE.