5, MERRYFIELDS, WELLAND, MALVERN, WR13 6LL - £365,000

5 MERRYFIELDS is a large detached house of 178m², built sometime between 1996 and 2002. It was last sold for £365,000 in August 2014, which was around 17% above the average August 2014 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

5 MERRYFIELDS Sold Prices

Land registry data shows four sales for 5 MERRYFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the four 5 MERRYFIELDS 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
2014 11 AUG	£365,000	£311,387	17% above HPI
2006 10 APR	£350,000	£267,210	31% above HPI
2003 21 AUG	£275,000	£231,045	19% above HPI
2001 14 DEC	£232,500	£173,288	34% above HPI

5 MERRYFIELDS 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 four 5 MERRYFIELDS sales between December 2001 and August 2014 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 April 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 5 MERRYFIELDS?

5 MERRYFIELDS is 178m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in Welland, based on EPC data. The below chart shows the distribution of detached houses by size in Welland, and where 5 MERRYFIELDS lies on this distribution: 65% of detached houses are smaller than 5 MERRYFIELDS, and 35% of houses are larger. Note that EPC data is not available for all properties in Welland.

5 MERRYFIELDS: Plot and Title Map

5 MERRYFIELDS sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 5 MERRYFIELDS, 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 MERRYFIELDS). 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 MERRYFIELDS?

5 MERRYFIELDS is located in WELLAND, in the WR13 postcode district. The below map shows the position of No. 5 on MERRYFIELDS.