3, MALTHOUSE DRIVE, BELPER, DE56 1RU - £217,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MALTHOUSE DRIVE is a very small detached house of 51m², built in 2006, which could now be worth an estimated £311,406. It was last sold for £217,950 in February 2019, which was around 9% below the average February 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

3 MALTHOUSE DRIVE Sold Prices

Land registry data shows two sales for 3 MALTHOUSE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 3 MALTHOUSE 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
2019 5 FEB	£217,950	£240,279	9% below HPI
2011 19 DEC	£125,000	£180,570	31% below HPI

3 MALTHOUSE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 3 MALTHOUSE DRIVE sales from December 2011 and February 2019 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 December 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 MALTHOUSE DRIVE be worth now?

3 MALTHOUSE DRIVE might now be worth an estimated £311,406.

This is based on house price inflation of 42.9%, between February 2019 and May 2026, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.9% inflationary increase is applied to the most recent sale price for 3 MALTHOUSE DRIVE of £217,950 on 5th February 2019. For the value to have increased from £217,950 to £311,406 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 MALTHOUSE DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2019 sale price of £217,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MALTHOUSE DRIVE has not materially changed since February 2019.

How Large is 3 MALTHOUSE DRIVE?

3 MALTHOUSE DRIVE is 51m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 3 MALTHOUSE DRIVE lies on this distribution: 1% of detached houses houses are smaller than 3 MALTHOUSE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Belper.

3 MALTHOUSE DRIVE: Plot and Title Map

3 MALTHOUSE DRIVE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 3 MALTHOUSE 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 3 MALTHOUSE 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 3 MALTHOUSE DRIVE?

3 MALTHOUSE DRIVE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 3 on MALTHOUSE DRIVE.