15, REDGATE AVENUE, TENBURY WELLS, WR15 8DL - £325,000

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.

15 REDGATE AVENUE is a very large extended detached house of 179m², built sometime between 1950 and 1966, which could now be worth an estimated £433,037. It was last sold for £325,000 in July 2018, which was around 13% below the average July 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

15 REDGATE AVENUE Sold Prices

Land registry data shows two sales for 15 REDGATE AVENUE 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 15 REDGATE AVENUE 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
2018 6 JUL	£325,000	£373,610	13% below HPI
2002 4 APR	£138,000	£189,971	27% below HPI

15 REDGATE AVENUE 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 15 REDGATE AVENUE sales from April 2002 and July 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 April 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 REDGATE AVENUE be worth now?

15 REDGATE AVENUE might now be worth an estimated £433,037.

This is based on house price inflation of 33.2%, between July 2018 and March 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 33.2% inflationary increase is applied to the most recent sale price for 15 REDGATE AVENUE of £325,000 on 6th July 2018. For the value to have increased from £325,000 to £433,037 over the seven years and four months to March 2025, the following assumptions must hold true:

• The value of 15 REDGATE AVENUE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The July 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDGATE AVENUE has not materially changed since July 2018.

How Large is 15 REDGATE AVENUE?

15 REDGATE AVENUE is 179m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tenbury Wells, and where 15 REDGATE AVENUE lies on this distribution: 90% of detached houses houses are smaller than 15 REDGATE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

15 REDGATE AVENUE: Plot and Title Map

15 REDGATE AVENUE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 15 REDGATE AVENUE, 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 REDGATE AVENUE). 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 REDGATE AVENUE?

15 REDGATE AVENUE is located in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of No. 15 on REDGATE AVENUE.