70, MALT DRIVE, SOUTH BRINK, WISBECH, PE14 0SR - £205,000

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

70 MALT DRIVE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £205,000 in March 2022, which was around 32% below the average March 2022 detached price in the Fenland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

70 MALT DRIVE Sold Prices

Land registry data shows four sales for 70 MALT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 70 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
2022 25 MAR	£205,000	£301,692	32% below HPI
2017 5 JUL	£152,000	£240,684	37% below HPI
1997 6 NOV	£55,000	£60,608	9% below HPI
1995 1 DEC	£47,950	£56,124	15% below HPI

70 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 four 70 MALT DRIVE sales between December 1995 and March 2022 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 July 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 70 MALT DRIVE?

70 MALT DRIVE is 56m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses by size in Wisbech, and where 70 MALT DRIVE lies on this distribution: 3% of detached houses are smaller than 70 MALT DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

70 MALT DRIVE: Plot and Title Map

70 MALT DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 70 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 70 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 70 MALT DRIVE?

70 MALT DRIVE is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 70 on MALT DRIVE.