74, MALT DRIVE, SOUTH BRINK, WISBECH, PE14 0SR - £188,000

74 MALT DRIVE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £188,000 in June 2021, which was around 31% below the average June 2021 detached price in the Fenland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

74 MALT DRIVE Sold Prices

Land registry data shows three sales for 74 MALT 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 Fenland local authority area for the corresponding sale date. All of the three 74 MALT 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
2021 24 JUN	£188,000	£271,412	31% below HPI
2019 25 NOV	£179,000	£254,813	30% below HPI
1995 30 NOV	£47,950	£56,780	16% below HPI

74 MALT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The three 74 MALT DRIVE sales between November 1995 and June 2021 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 November 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 74 MALT DRIVE?

74 MALT DRIVE is 60m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 74 MALT DRIVE lies on this distribution: 9% of detached houses are smaller than 74 MALT DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

74 MALT DRIVE: Plot and Title Map

74 MALT DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 74 MALT 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 74 MALT 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 74 MALT DRIVE?

74 MALT DRIVE is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 74 on MALT DRIVE.