88, MALT DRIVE, SOUTH BRINK, WISBECH, PE14 0ST - £190,000

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

88 MALT DRIVE is a very small detached house of 57m², built sometime between 1996 and 2002. It was last sold for £190,000 in October 2023, which was around 39% below the average October 2023 detached price in the Fenland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was B.

88 MALT DRIVE Sold Prices

Land registry data shows five sales for 88 MALT DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 88 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
2023 16 OCT	£190,000	£311,985	39% below HPI
2015 3 JUL	£140,000	£202,090	31% below HPI
2009 31 MAR	£126,000	£169,691	26% below HPI
2007 2 MAY	£137,000	£192,038	29% below HPI
1998 22 APR	£51,950	£63,198	18% below HPI

88 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 five 88 MALT DRIVE sales between April 1998 and October 2023 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 88 MALT DRIVE?

88 MALT DRIVE is 57m² according to the EPC inspection conducted in May 2023. 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 88 MALT DRIVE lies on this distribution: 3% of detached houses are smaller than 88 MALT DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

88 MALT DRIVE: Plot and Title Map

88 MALT DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 88 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 88 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 88 MALT DRIVE?

88 MALT DRIVE is located in SOUTH BRINK, in the PE14 postcode district. The below map shows the position of No. 88 on MALT DRIVE.