28, MALVERN DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GA - £171,500

28 MALVERN DRIVE is a midsized detached house of 102m², built sometime between 1991 and 1995. It was last sold for £171,500 in May 2011, which was around 21% below the average May 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

28 MALVERN DRIVE Sold Prices

Land registry data shows four sales for 28 MALVERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 28 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
2011 5 MAY	£171,500	£217,869	21% below HPI
2001 5 JUL	£95,950	£120,395	20% below HPI
1999 17 DEC	£82,000	£95,111	14% below HPI
1995 30 JUN	£67,995	£69,950	3% below HPI

28 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 four 28 MALVERN DRIVE sales between June 1995 and May 2011 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 28 MALVERN DRIVE?

28 MALVERN DRIVE is 102m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 28 MALVERN DRIVE lies on this distribution: 41% of detached houses are smaller than 28 MALVERN DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Grantham.

28 MALVERN DRIVE: Plot and Title Map

28 MALVERN DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 28 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 28 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 28 MALVERN DRIVE?

28 MALVERN DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 28 on MALVERN DRIVE.