15, MALLARD WAY, MARKET RASEN, LN8 3RD - £230,000

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

15 MALLARD WAY is a midsized detached house of 116m², built sometime between 2007 and 2011. It was last sold for £230,000 in December 2017, which was around 4% above the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

15 MALLARD WAY Sold Prices

Land registry data shows two sales for 15 MALLARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 15 MALLARD WAY sales were for above 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
2017 18 DEC	£230,000	£220,247	4% above HPI
2011 25 MAR	£204,950	£173,061	18% above HPI

15 MALLARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 15 MALLARD WAY sales from March 2011 and December 2017 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 March 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2017 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 15 MALLARD WAY?

15 MALLARD WAY is 116m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 15 MALLARD WAY lies on this distribution: 59% of detached houses are smaller than 15 MALLARD WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

15 MALLARD WAY: Plot and Title Map

15 MALLARD WAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 15 MALLARD WAY, 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 15 MALLARD WAY). 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 15 MALLARD WAY?

15 MALLARD WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 15 on MALLARD WAY.