8, SEVERN DRIVE, MALVERN, WR14 2SZ - £345,000

8 SEVERN DRIVE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £345,000 in March 2023, which was around 27% below the average March 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

8 SEVERN DRIVE Sold Prices

Land registry data shows four sales for 8 SEVERN DRIVE 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 SEVERN DRIVE 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
2023 21 MAR	£345,000	£473,051	27% below HPI
2015 14 OCT	£245,000	£325,916	25% below HPI
2000 2 AUG	£115,000	£151,633	24% below HPI
1998 15 SEP	£96,000	£116,470	18% below HPI

8 SEVERN 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 four 8 SEVERN DRIVE sales between September 1998 and March 2023 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 October 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 SEVERN DRIVE?

8 SEVERN DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 SEVERN DRIVE lies on this distribution: 14% of detached houses are smaller than 8 SEVERN DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

8 SEVERN DRIVE: Plot and Title Map

8 SEVERN DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 8 SEVERN 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 8 SEVERN 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 8 SEVERN DRIVE?

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