16, SPINDLE ROAD, MALVERN, WR14 2WB - £249,950

16 SPINDLE ROAD is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £249,950 in November 2019, which was around 32% below the average November 2019 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

16 SPINDLE ROAD Sold Prices

Land registry data shows two sales for 16 SPINDLE ROAD 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 16 SPINDLE ROAD 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
2019 25 NOV	£249,950	£367,706	32% below HPI
1998 25 JUN	£89,000	£115,110	23% below HPI

16 SPINDLE ROAD 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 16 SPINDLE ROAD sales from June 1998 and November 2019 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 June 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 SPINDLE ROAD?

16 SPINDLE ROAD is 79m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 16 SPINDLE ROAD lies on this distribution: 13% of detached houses are smaller than 16 SPINDLE ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

16 SPINDLE ROAD: Plot and Title Map

16 SPINDLE ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 16 SPINDLE ROAD, 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 16 SPINDLE ROAD). 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 16 SPINDLE ROAD?

16 SPINDLE ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 16 on SPINDLE ROAD.