8, MALLARD CLOSE, ESSENDINE, STAMFORD, PE9 4UP - £400,000

8 MALLARD CLOSE is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £400,000 in May 2023, which was around 21% below the average May 2023 detached price in the Rutland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

8 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 8 MALLARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 8 MALLARD CLOSE 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 18 MAY	£400,000	£506,200	21% below HPI
2018 20 AUG	£300,000	£402,294	25% below HPI
1996 10 DEC	£93,950	£101,208	7% below HPI

8 MALLARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 8 MALLARD CLOSE sales between December 1996 and May 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 August 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 MALLARD CLOSE?

8 MALLARD CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where 8 MALLARD CLOSE lies on this distribution: 39% of detached houses are smaller than 8 MALLARD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Essendine.

8 MALLARD CLOSE: Plot and Title Map

8 MALLARD CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 8 MALLARD CLOSE, 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 8 MALLARD CLOSE). 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 8 MALLARD CLOSE?

8 MALLARD CLOSE is located in ESSENDINE, in the PE9 postcode district. The below map shows the position of No. 8 on MALLARD CLOSE.