3, MALVERN CLOSE, SLEAFORD, NG34 7RA - £202,500

3 MALVERN CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £202,500 in May 2019, which was around 19% below the average May 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 MALVERN CLOSE Sold Prices

Land registry data shows five sales for 3 MALVERN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 3 MALVERN CLOSE 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 31 MAY	£202,500	£250,696	19% below HPI
2009 2 FEB	£150,000	£164,170	9% below HPI
2004 2 JUN	£139,500	£166,494	16% below HPI
1998 3 JUN	£64,950	£67,587	4% below HPI
1996 20 SEP	£65,000	£62,929	3% above HPI

3 MALVERN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 3 MALVERN CLOSE sales between September 1996 and May 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 February 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 MALVERN CLOSE?

3 MALVERN CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 3 MALVERN CLOSE lies on this distribution: 60% of detached houses are smaller than 3 MALVERN CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

3 MALVERN CLOSE: Plot and Title Map

3 MALVERN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 MALVERN CLOSE, 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 MALVERN CLOSE). 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 MALVERN CLOSE?

3 MALVERN CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 3 on MALVERN CLOSE.