MALINDI, WOOD LANE, PARKGATE, NESTON, CH64 6QY - £480,000

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

MALINDI is a large extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £480,000 in December 2013, which was around 82% above the average December 2013 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

MALINDI Sold Prices

Land registry data shows two sales for MALINDI since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. One of the two MALINDI sales was for above the average price, whilst the other was 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
2013 11 DEC	£480,000	£263,296	82% above HPI
2005 12 AUG	£182,000	£250,596	27% below HPI

MALINDI Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two MALINDI sales from August 2005 and December 2013 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 August 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2013 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is MALINDI?

MALINDI is 150m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses in Neston, based on EPC data. The below chart shows the distribution of detached houses by size in Neston, and where MALINDI lies on this distribution: 73% of detached houses are smaller than MALINDI, and 27% of houses are larger. Note that EPC data is not available for all properties in Neston.

MALINDI: Plot and Title Map

MALINDI sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of MALINDI, 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 MALINDI). 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 MALINDI?

MALINDI is located on WOOD LANE in PARKGATE, in the CH64 postcode district. The below map shows the position of MALINDI on WOOD LANE.