8, PARK CLOSE, MALVERN, WR14 2JZ - £355,000

8 PARK CLOSE is a small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £355,000 in November 2022, which was around 28% below the average November 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

8 PARK CLOSE Sold Prices

Land registry data shows four sales for 8 PARK CLOSE 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 8 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
2022 9 NOV	£355,000	£491,412	28% below HPI
2015 7 AUG	£230,000	£314,779	27% below HPI
2003 16 MAY	£185,500	£209,655	12% below HPI
2001 25 MAY	£96,500	£153,997	37% below HPI

8 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 four 8 PARK CLOSE sales between May 2001 and November 2022 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 PARK CLOSE?

8 PARK CLOSE is 99m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 8 PARK CLOSE lies on this distribution: 36% of detached houses are smaller than 8 PARK CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

8 PARK CLOSE: Plot and Title Map

8 PARK CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 8 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 8 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 8 PARK CLOSE?

8 PARK CLOSE is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 8 on PARK CLOSE.