20, GAINSBOROUGH CLOSE, WELLAND, MALVERN, WR13 6SH - £178,000

20 GAINSBOROUGH CLOSE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £178,000 in October 2003, which was around 27% below the average October 2003 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2021, where the current energy rating was F, and the potential energy rating was B.

20 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows three sales for 20 GAINSBOROUGH 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 20 GAINSBOROUGH 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
2003 24 OCT	£178,000	£242,886	27% below HPI
2002 6 AUG	£158,000	£204,259	23% below HPI
1996 26 JUL	£68,500	£93,317	27% below HPI

20 GAINSBOROUGH 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 20 GAINSBOROUGH CLOSE sales between July 1996 and October 2003 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2003 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 20 GAINSBOROUGH CLOSE?

20 GAINSBOROUGH CLOSE is 83m² according to the EPC inspection conducted in August 2021. 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 20 GAINSBOROUGH CLOSE lies on this distribution: 9% of detached houses are smaller than 20 GAINSBOROUGH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Welland.

20 GAINSBOROUGH CLOSE: Plot and Title Map

20 GAINSBOROUGH CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 20 GAINSBOROUGH 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 20 GAINSBOROUGH 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 20 GAINSBOROUGH CLOSE?

20 GAINSBOROUGH CLOSE is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 20 on GAINSBOROUGH CLOSE.