5, SPENCER DRIVE, MALVERN, WR14 3DW - £365,000

5 SPENCER DRIVE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £365,000 in June 2018, which was around 2% above the average June 2018 detached price in the Malvern Hills local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

5 SPENCER DRIVE Sold Prices

Land registry data shows three sales for 5 SPENCER DRIVE 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 5 SPENCER DRIVE 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
2018 6 JUN	£365,000	£358,716	2% above HPI
2009 1 DEC	£248,500	£279,909	11% below HPI
2000 16 JUN	£167,250	£145,203	15% above HPI

5 SPENCER DRIVE 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 SPENCER DRIVE sales between June 2000 and June 2018 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 December 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 SPENCER DRIVE?

5 SPENCER DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 5 SPENCER DRIVE lies on this distribution: 55% of detached houses are smaller than 5 SPENCER DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

5 SPENCER DRIVE: Plot and Title Map

5 SPENCER DRIVE sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 5 SPENCER DRIVE, 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 SPENCER DRIVE). 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 SPENCER DRIVE?

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