THE ELMS, RECTORY LANE, CRADLEY, MALVERN, WR13 5LH - £339,500

THE ELMS is a very large extended detached house of 228m², built sometime before 1900. It was last sold for £339,500 in July 2015, which was around 16% above the average July 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows two sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two THE ELMS sales were for above 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
2015 30 JUL	£339,500	£292,546	16% above HPI
1999 17 JUN	£244,000	£110,112	122% above HPI

THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two THE ELMS sales from June 1999 and July 2015 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 1999 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the July 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE ELMS?

THE ELMS is 228m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses in Cradley, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley, and where THE ELMS lies on this distribution: 83% of detached houses are smaller than THE ELMS, and 17% of houses are larger. Note that EPC data is not available for all properties in Cradley.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.390 of an acre, or 1,580m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on RECTORY LANE in CRADLEY, in the WR13 postcode district. The below map shows the position of THE ELMS on RECTORY LANE.