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
41 MALHAM DRIVE is a midsized detached house of 104m², built sometime between 1976 and 1982. It was last sold for £240,000 in July 2010, which was around 37% above the average July 2010 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 41 MALHAM DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 41 MALHAM DRIVE sales were 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 |
---|---|---|---|
2010 7 JUL | £240,000 | £175,222 | 37% above HPI |
2008 28 JAN | £232,000 | £195,985 | 18% above HPI |
2003 7 MAR | £140,000 | £131,109 | 7% above HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 41 MALHAM DRIVE sales between March 2003 and July 2010 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 January 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2010 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.
41 MALHAM DRIVE is 104m² according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 41 MALHAM DRIVE lies on this distribution: 54% of detached houses are smaller than 41 MALHAM DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
41 MALHAM DRIVE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 41 MALHAM 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 41 MALHAM 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.
41 MALHAM DRIVE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 41 on MALHAM DRIVE.