3, MALVERN GARDENS, WISBECH, PE13 1PT - £156,000

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

3 MALVERN GARDENS is a very small semi-detached house of 69m², built sometime between 1991 and 1995. It was last sold for £156,000 in March 2021, which was around 41% below the average March 2021 detached price in the Fenland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

3 MALVERN GARDENS Sold Prices

Land registry data shows three sales for 3 MALVERN GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the three 3 MALVERN GARDENS 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
2021 12 MAR	£156,000	£263,787	41% below HPI
2014 31 OCT	£125,000	£189,399	34% below HPI
2008 15 AUG	£105,000	£187,111	44% below HPI

3 MALVERN GARDENS 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 three 3 MALVERN GARDENS sales between August 2008 and March 2021 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 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3 MALVERN GARDENS?

3 MALVERN GARDENS is 69m² according to the EPC inspection conducted in August 2014. 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 3 MALVERN GARDENS lies on this distribution: 17% of detached houses are smaller than 3 MALVERN GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

3 MALVERN GARDENS: Plot and Title Map

3 MALVERN GARDENS sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 3 MALVERN GARDENS, 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 3 MALVERN GARDENS). 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 3 MALVERN GARDENS?

3 MALVERN GARDENS is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 3 on MALVERN GARDENS.