56, CHARLES WAY, MALVERN, WR14 2NB - £310,000

56 CHARLES WAY is a midsized extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £310,000 in June 2021, which was around 27% below the average June 2021 detached price in the Malvern Hills local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

56 CHARLES WAY Sold Prices

Land registry data shows three sales for 56 CHARLES WAY 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 56 CHARLES WAY 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
2021 1 JUN	£310,000	£423,817	27% below HPI
2013 16 JUL	£255,000	£279,197	9% below HPI
2009 26 FEB	£240,000	£259,148	7% below HPI

56 CHARLES WAY 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 56 CHARLES WAY sales between February 2009 and June 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 July 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 56 CHARLES WAY?

56 CHARLES WAY is 104m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 56 CHARLES WAY lies on this distribution: 41% of detached houses are smaller than 56 CHARLES WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

56 CHARLES WAY: Plot and Title Map

56 CHARLES WAY sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 56 CHARLES WAY, 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 56 CHARLES WAY). 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 56 CHARLES WAY?

56 CHARLES WAY is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 56 on CHARLES WAY.