10, MALVERN DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GA - £183,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MALVERN DRIVE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £309,970. It was last sold for £183,000 in September 2012, which was around 16% below the average September 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

10 MALVERN DRIVE Sold Prices

Land registry data shows four sales for 10 MALVERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 10 MALVERN 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
2012 26 SEP	£183,000	£217,458	16% below HPI
2010 26 NOV	£195,000	£218,283	11% below HPI
1999 8 APR	£82,200	£88,142	7% below HPI
1995 19 APR	£76,995	£68,048	13% above HPI

10 MALVERN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 10 MALVERN DRIVE sales between April 1995 and September 2012 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 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2012 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 10 MALVERN DRIVE be worth now?

10 MALVERN DRIVE might now be worth an estimated £309,970.

This is based on house price inflation of 69.4%, between September 2012 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.4% inflationary increase is applied to the most recent sale price for 10 MALVERN DRIVE of £183,000 on 26th September 2012. For the value to have increased from £183,000 to £309,970 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 10 MALVERN DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2012 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MALVERN DRIVE has not materially changed since September 2012.

How Large is 10 MALVERN DRIVE?

10 MALVERN DRIVE is 107m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 10 MALVERN DRIVE lies on this distribution: 44% of detached houses houses are smaller than 10 MALVERN DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Grantham.

10 MALVERN DRIVE: Plot and Title Map

10 MALVERN DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 10 MALVERN 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 10 MALVERN 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 10 MALVERN DRIVE?

10 MALVERN DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 10 on MALVERN DRIVE.