5, PARK CLOSE, MALVERN, WR14 2JZ - £340,000

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 PARK CLOSE is a very small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £350,917. It was last sold for £340,000 in September 2024, which was around 28% below the average September 2024 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

5 PARK CLOSE Sold Prices

Land registry data shows three sales for 5 PARK 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 5 PARK 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
2024 12 SEP	£340,000	£470,942	28% below HPI
2010 12 APR	£210,350	£293,558	28% below HPI
2001 30 NOV	£115,000	£179,971	36% below HPI

5 PARK 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 5 PARK CLOSE sales between November 2001 and September 2024 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 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2024 sale, which was also at 28% below the HPI.

What might 5 PARK CLOSE be worth now?

5 PARK CLOSE might now be worth an estimated £350,917.

This is based on house price inflation of 3.2%, between September 2024 and May 2026, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 5 PARK CLOSE of £340,000 on 12th September 2024. For the value to have increased from £340,000 to £350,917 over the two years and four months to May 2026, the following assumptions must hold true:

• The value of 5 PARK CLOSE has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The September 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK CLOSE has not materially changed since September 2024.

How Large is 5 PARK CLOSE?

5 PARK CLOSE is 86m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Malvern, and where 5 PARK CLOSE lies on this distribution: 20% of detached houses houses are smaller than 5 PARK CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

5 PARK CLOSE: Plot and Title Map

5 PARK CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 5 PARK 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 PARK 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 PARK CLOSE?

5 PARK CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 5 on PARK CLOSE.