38A, LOWER CHASE ROAD, MALVERN, WR14 2BZ - £160,000

38A LOWER CHASE ROAD is a very small semi-detached house of 77m², built sometime from 2012 onwards. It was last sold for £160,000 in June 2012, which was around 45% below the average June 2012 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

38A LOWER CHASE ROAD Sold Prices

Land registry data shows two sales for 38A LOWER CHASE 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. One of the two 38A LOWER CHASE ROAD sales was for below the average price, whilst the other was 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
2012 13 JUN	£160,000	£290,023	45% below HPI
2010 21 MAY	£307,500	£276,905	11% above HPI

38A LOWER CHASE 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 38A LOWER CHASE ROAD sales from May 2010 and June 2012 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 May 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2012 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 38A LOWER CHASE ROAD?

38A LOWER CHASE ROAD is 77m² according to the EPC inspection conducted in October 2022. 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 38A LOWER CHASE ROAD lies on this distribution: 12% of detached houses are smaller than 38A LOWER CHASE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

38A LOWER CHASE ROAD: Plot and Title Map

38A LOWER CHASE ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 38A LOWER CHASE 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 38A LOWER CHASE 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 38A LOWER CHASE ROAD?

38A LOWER CHASE ROAD is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 38A on LOWER CHASE ROAD.