15, THE LEES, MALVERN, WR14 3HT - £925,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

15 THE LEES is a very large extended semi-detached house of 253m², built sometime before 1900. It was last sold for £925,000 in September 2023, which was around 101% above the average September 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

15 THE LEES Sold Prices

Land registry data shows four sales for 15 THE LEES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the four 15 THE LEES 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
2023 14 SEP	£925,000	£460,078	101% above HPI
2013 20 SEP	£545,000	£288,951	89% above HPI
2010 16 AUG	£465,000	£281,709	65% above HPI
2005 12 MAY	£430,000	£266,561	61% above HPI

15 THE LEES 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 four 15 THE LEES sales between May 2005 and September 2023 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 September 2013 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the September 2023 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 15 THE LEES?

15 THE LEES is 253m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% 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 15 THE LEES lies on this distribution: 96% of detached houses are smaller than 15 THE LEES, and 4% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

15 THE LEES: Plot and Title Map

15 THE LEES sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 15 THE LEES, 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 THE LEES). 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 THE LEES?

15 THE LEES is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 15 on THE LEES.