SOLVA, GLOUCESTER ROAD, WELLAND, MALVERN, WR13 6LA - £490,000

SOLVA is a large extended detached house of 173m², built sometime between 1950 and 1966. It was last sold for £490,000 in March 2021, which was around 25% above the average March 2021 detached price in the Malvern Hills local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

SOLVA Sold Prices

Land registry data shows two sales for SOLVA 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 SOLVA 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
2021 2 MAR	£490,000	£391,590	25% above HPI
2011 29 MAR	£220,000	£286,375	23% below HPI

SOLVA 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 SOLVA sales from March 2011 and March 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 March 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is SOLVA?

SOLVA is 173m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Welland, based on EPC data. The below chart shows the distribution of detached houses by size in Welland, and where SOLVA lies on this distribution: 62% of detached houses are smaller than SOLVA, and 37% of houses are larger. Note that EPC data is not available for all properties in Welland.

SOLVA: Plot and Title Map

SOLVA sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of SOLVA, 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 SOLVA). 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 SOLVA?

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