HAZELDENE, MARLBANK ROAD, WELLAND, MALVERN, WR13 6NE - £450,000

HAZELDENE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £450,000 in June 2023, which was around 5% above the average June 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

HAZELDENE Sold Prices

Land registry data shows two sales for HAZELDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. One of the two HAZELDENE sales was for above the average price, whilst the other 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
2023 1 JUN	£450,000	£427,095	5% above HPI
1998 9 JUN	£114,000	£115,110	1% below HPI

HAZELDENE 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 two HAZELDENE sales from June 1998 and June 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 June 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is HAZELDENE?

HAZELDENE is 81m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Welland, based on EPC data. The below chart shows the distribution of detached houses by size in Welland, and where HAZELDENE lies on this distribution: 6% of detached houses are smaller than HAZELDENE, and 93% of houses are larger. Note that EPC data is not available for all properties in Welland.

HAZELDENE: Plot and Title Map

HAZELDENE sits on a plot of roughly 0.293 of an acre, or 1,186m². The below map shows the location of HAZELDENE, 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 HAZELDENE). 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 HAZELDENE?

HAZELDENE is located on MARLBANK ROAD in WELLAND, in the WR13 postcode district. The below map shows the position of HAZELDENE on MARLBANK ROAD.