15, MALLARDS CLOSE, ALVELEY, BRIDGNORTH, WV15 6JL - £239,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 MALLARDS CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £297,455. It was last sold for £239,950 in October 2020, which was around 29% below the average October 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 MALLARDS CLOSE Sold Prices

Land registry data shows two sales for 15 MALLARDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 15 MALLARDS 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
2020 16 OCT	£239,950	£340,174	29% below HPI
2014 21 NOV	£229,000	£271,125	16% below HPI

15 MALLARDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 15 MALLARDS CLOSE sales from November 2014 and October 2020 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 November 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 MALLARDS CLOSE be worth now?

15 MALLARDS CLOSE might now be worth an estimated £297,455.

This is based on house price inflation of 24%, between October 2020 and March 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for 15 MALLARDS CLOSE of £239,950 on 16th October 2020. For the value to have increased from £239,950 to £297,455 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 15 MALLARDS CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2020 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 15 MALLARDS CLOSE has not materially changed since October 2020.

How Large is 15 MALLARDS CLOSE?

15 MALLARDS CLOSE is 71m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alveley, and where 15 MALLARDS CLOSE lies on this distribution: 17% of detached houses houses are smaller than 15 MALLARDS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Alveley.

15 MALLARDS CLOSE: Plot and Title Map

15 MALLARDS CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 15 MALLARDS 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 15 MALLARDS 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 15 MALLARDS CLOSE?

15 MALLARDS CLOSE is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 15 on MALLARDS CLOSE.