5, BALLARD CLOSE, COLWALL, MALVERN, WR13 6RD - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BALLARD CLOSE is a small detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £503,219. It was last sold for £425,000 in March 2021, which was around 16% above the average March 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

5 BALLARD CLOSE Sold Prices

Land registry data shows two sales for 5 BALLARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 5 BALLARD CLOSE 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
2021 12 MAR	£425,000	£367,217	16% above HPI
2014 20 AUG	£330,000	£291,203	13% above HPI

5 BALLARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 5 BALLARD CLOSE sales from August 2014 and March 2021 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 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 BALLARD CLOSE be worth now?

5 BALLARD CLOSE might now be worth an estimated £503,219.

This is based on house price inflation of 18.4%, between March 2021 and June 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 5 BALLARD CLOSE of £425,000 on 12th March 2021. For the value to have increased from £425,000 to £503,219 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 5 BALLARD CLOSE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The March 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BALLARD CLOSE has not materially changed since March 2021.

How Large is 5 BALLARD CLOSE?

5 BALLARD CLOSE is 125m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses houses in Colwall Stone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colwall Stone, and where 5 BALLARD CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 BALLARD CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Colwall Stone.

5 BALLARD CLOSE: Plot and Title Map

5 BALLARD CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 5 BALLARD 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 5 BALLARD 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 5 BALLARD CLOSE?

5 BALLARD CLOSE is located in COLWALL, in the WR13 postcode district. The below map shows the position of No. 5 on BALLARD CLOSE.