Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MALVERN AVENUE is a very small detached house of 45m², built sometime between 1930 and 1949. It was last sold for £102,000 in November 2006, which was around 39% below the average November 2006 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 1 MALVERN AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four 1 MALVERN AVENUE 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 |
---|---|---|---|
2006 20 NOV | £102,000 | £166,835 | 39% below HPI |
2004 30 APR | £80,000 | £128,126 | 38% below HPI |
2002 29 NOV | £63,000 | £99,023 | 36% below HPI |
1999 19 MAY | £24,000 | £70,915 | 66% below HPI |
The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The four 1 MALVERN AVENUE sales between May 1999 and November 2006 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 April 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2006 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
1 MALVERN AVENUE is 45m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Grimsby, based on EPC data. The below chart shows the distribution of detached houses by size in Grimsby, and where 1 MALVERN AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 1 MALVERN AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grimsby.
1 MALVERN AVENUE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 1 MALVERN AVENUE, 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 1 MALVERN AVENUE). 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.
1 MALVERN AVENUE is located in GRIMSBY, in the DN33 postcode district. The below map shows the position of No. 1 on MALVERN AVENUE.