15, MALVERN DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GA - £158,000

15 MALVERN DRIVE is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £158,000 in July 2008, which was around 34% below the average July 2008 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 MALVERN DRIVE Sold Prices

Land registry data shows three sales for 15 MALVERN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 15 MALVERN 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
2008 9 JUL	£158,000	£237,859	34% below HPI
2001 26 JUL	£88,000	£120,395	27% below HPI
1996 20 DEC	£63,000	£73,190	14% below HPI

15 MALVERN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 15 MALVERN DRIVE sales between December 1996 and July 2008 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2008 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 MALVERN DRIVE?

15 MALVERN DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 15 MALVERN DRIVE lies on this distribution: 27% of detached houses are smaller than 15 MALVERN DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 MALVERN DRIVE: Plot and Title Map

15 MALVERN DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 15 MALVERN 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 15 MALVERN 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 15 MALVERN DRIVE?

15 MALVERN DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 15 on MALVERN DRIVE.