Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MALVERN AVENUE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £102,700 in October 2014, which was around 50% below the average October 2014 detached price in the Wyre local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 MALVERN AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. All of the three 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 |
---|---|---|---|
2014 31 OCT | £102,700 | £204,814 | 50% below HPI |
2001 21 MAR | £60,000 | £97,226 | 38% below HPI |
1997 19 DEC | £51,000 | £85,411 | 40% below HPI |
The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The three 1 MALVERN AVENUE sales between December 1997 and October 2014 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 March 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
1 MALVERN AVENUE is 55m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Stalmine, based on EPC data. The below chart shows the distribution of detached houses by size in Stalmine, and where 1 MALVERN AVENUE lies on this distribution: 6% of detached houses are smaller than 1 MALVERN AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stalmine.
1 MALVERN AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². 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 STALMINE, in the FY6 postcode district. The below map shows the position of No. 1 on MALVERN AVENUE.