3, BANK STREET, MALVERN, WR14 2JG - £450,000

3 BANK STREET is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £450,000 in November 2019, which was around 22% above the average November 2019 detached price in the Malvern Hills local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

3 BANK STREET Sold Prices

Land registry data shows three sales for 3 BANK STREET 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. Two of the three 3 BANK STREET sales were for above the average price, whilst one was 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 1 NOV	£450,000	£367,706	22% above HPI
2010 19 JUL	£337,000	£284,064	19% above HPI
2005 14 MAR	£250,000	£272,208	8% below HPI

3 BANK STREET 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 3 BANK STREET sales between March 2005 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 July 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 BANK STREET?

3 BANK STREET is 123m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% 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 3 BANK STREET lies on this distribution: 57% of detached houses are smaller than 3 BANK STREET, and 42% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

3 BANK STREET: Plot and Title Map

3 BANK STREET sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 3 BANK STREET, 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 3 BANK STREET). 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 3 BANK STREET?

3 BANK STREET is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 3 on BANK STREET.