28, MALT DRIVE, SOUTH BRINK, WISBECH, PE14 0SR - £135,000

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

28 MALT DRIVE is a very small extended detached house of 69m², built sometime between 1996 and 2002. It was last sold for £135,000 in July 2008, which was around 29% below the average July 2008 detached price in the Fenland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

28 MALT DRIVE Sold Prices

Land registry data shows two sales for 28 MALT 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 Fenland local authority area for the corresponding sale date. Both of the two 28 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
2008 25 JUL	£135,000	£190,918	29% below HPI
1999 5 FEB	£56,950	£68,964	17% below HPI

28 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 two 28 MALT DRIVE sales from February 1999 and July 2008 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 February 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2008 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 28 MALT DRIVE?

28 MALT DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 28 MALT DRIVE lies on this distribution: 17% of detached houses are smaller than 28 MALT DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

28 MALT DRIVE: Plot and Title Map

28 MALT DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 28 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 28 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 28 MALT DRIVE?

28 MALT DRIVE is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 28 on MALT DRIVE.