23, MALVERN DRIVE, GONERBY HILL FOOT, GRANTHAM, NG31 8GA - £190,000

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

23 MALVERN DRIVE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £190,000 in November 2012, which was around 13% below the average November 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

23 MALVERN DRIVE Sold Prices

Land registry data shows two sales for 23 MALVERN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 23 MALVERN DRIVE sales was for below the average price, whilst the other was for above 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 19 NOV	£190,000	£218,378	13% below HPI
1995 31 OCT	£87,995	£71,667	23% above HPI

23 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 two 23 MALVERN DRIVE sales from October 1995 and November 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 October 1995 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2012 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 MALVERN DRIVE?

23 MALVERN DRIVE is 134m² according to the EPC inspection conducted in July 2010. This puts it in the largest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 23 MALVERN DRIVE lies on this distribution: 72% of detached houses are smaller than 23 MALVERN DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23 MALVERN DRIVE: Plot and Title Map

23 MALVERN DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 23 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 23 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 23 MALVERN DRIVE?

23 MALVERN DRIVE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 23 on MALVERN DRIVE.