7, MALVERN DRIVE, GWERSYLLT, WREXHAM, LL11 4XG - £140,000

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

7 MALVERN DRIVE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £140,000 in December 2008, which was around 30% below the average December 2008 detached price in the Wrexham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 MALVERN DRIVE Sold Prices

Land registry data shows three sales for 7 MALVERN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the three 7 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
2008 5 DEC	£140,000	£199,427	30% below HPI
2007 21 SEP	£165,000	£220,201	25% below HPI
1996 8 NOV	£51,000	£66,948	24% below HPI

7 MALVERN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 7 MALVERN DRIVE sales between November 1996 and December 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 September 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2008 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 MALVERN DRIVE?

7 MALVERN DRIVE is 72m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Gwersyllt, based on EPC data. The below chart shows the distribution of detached houses by size in Gwersyllt, and where 7 MALVERN DRIVE lies on this distribution: 10% of detached houses are smaller than 7 MALVERN DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gwersyllt.

7 MALVERN DRIVE: Plot and Title Map

7 MALVERN DRIVE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 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 7 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 7 MALVERN DRIVE?

7 MALVERN DRIVE is located in GWERSYLLT, in the LL11 postcode district. The below map shows the position of No. 7 on MALVERN DRIVE.