1, MALLARD CLOSE, SKELLINGTHORPE, LINCOLN, LN6 5SE - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MALLARD CLOSE is a small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2023, which was around 19% below the average May 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

1 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 1 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 North Kesteven local authority area for the corresponding sale date. All of the three 1 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 2 MAY	£245,000	£302,405	19% below HPI
2017 28 JUL	£158,000	£234,913	33% below HPI
2001 17 AUG	£78,000	£85,560	9% below HPI

1 MALLARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 1 MALLARD CLOSE sales between August 2001 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 July 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 MALLARD CLOSE be worth now?

1 MALLARD CLOSE might now be worth an estimated £238,711.

This is based on house price deflation of 2.6%, between May 2023 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 1 MALLARD CLOSE of £245,000 on 2nd May 2023. For the value to have decreased from £245,000 to £238,711 over the five months to December 2024, the following assumptions must hold true:

• The value of 1 MALLARD CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MALLARD CLOSE has not materially changed since May 2023.

How Large is 1 MALLARD CLOSE?

1 MALLARD CLOSE is 81m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where 1 MALLARD CLOSE lies on this distribution: 33% of detached houses houses are smaller than 1 MALLARD CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

1 MALLARD CLOSE: Plot and Title Map

1 MALLARD CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 1 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 1 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 1 MALLARD CLOSE?

1 MALLARD CLOSE is located in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of No. 1 on MALLARD CLOSE.