15, OLD SCHOOL CLOSE, CRADLEY, MALVERN, WR13 5AL - £390,000

15 OLD SCHOOL CLOSE is a large detached house of 162m², built sometime from 2007 onwards. It was last sold for £390,000 in September 2015, which was around 30% above the average September 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

15 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 15 OLD SCHOOL 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 Herefordshire local authority area for the corresponding sale date. Both of the two 15 OLD SCHOOL CLOSE 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
2015 4 SEP	£390,000	£300,639	30% above HPI
2009 23 JAN	£450,000	£254,861	77% above HPI

15 OLD SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 15 OLD SCHOOL CLOSE sales from January 2009 and September 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 January 2009 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the September 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 15 OLD SCHOOL CLOSE?

15 OLD SCHOOL CLOSE is 162m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Cradley, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley, and where 15 OLD SCHOOL CLOSE lies on this distribution: 63% of detached houses are smaller than 15 OLD SCHOOL CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Cradley.

15 OLD SCHOOL CLOSE: Plot and Title Map

15 OLD SCHOOL CLOSE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 15 OLD SCHOOL 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 15 OLD SCHOOL 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 15 OLD SCHOOL CLOSE?

15 OLD SCHOOL CLOSE is located in CRADLEY, in the WR13 postcode district. The below map shows the position of No. 15 on OLD SCHOOL CLOSE.