NEWLANDS, THE COMMON, ABBERLEY, WORCESTER, WR6 6AY - £230,000

NEWLANDS is a midsized extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2013, which was around 18% below the average August 2013 detached price in the Malvern Hills local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows four sales for NEWLANDS 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. Most of the four NEWLANDS 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
2013 1 AUG	£230,000	£280,567	18% below HPI
2009 21 JUL	£245,000	£273,043	10% below HPI
2002 19 DEC	£245,000	£213,958	15% above HPI
1996 10 JUL	£84,000	£93,317	10% below HPI

NEWLANDS 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 NEWLANDS sales between July 1996 and August 2013 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 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 135m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% of detached houses in Abberley, based on EPC data. The below chart shows the distribution of detached houses by size in Abberley, and where NEWLANDS lies on this distribution: 48% of detached houses are smaller than NEWLANDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Abberley.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on THE COMMON in ABBERLEY, in the WR6 postcode district. The below map shows the position of NEWLANDS on THE COMMON.