2, MALLARD CLOSE, WALSALL, WS3 5BZ - £225,000

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.

2 MALLARD CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £300,411. It was last sold for £225,000 in August 2018, which was around 13% below the average August 2018 detached price in the Walsall local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 MALLARD CLOSE Sold Prices

Land registry data shows two sales for 2 MALLARD 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 Walsall local authority area for the corresponding sale date. One of the two 2 MALLARD CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2018 17 AUG	£225,000	£257,788	13% below HPI
1998 29 MAY	£83,000	£83,221	Close to HPI

2 MALLARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 2 MALLARD CLOSE sales from May 1998 and August 2018 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 May 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 MALLARD CLOSE be worth now?

2 MALLARD CLOSE might now be worth an estimated £300,411.

This is based on house price inflation of 33.5%, between August 2018 and March 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 2 MALLARD CLOSE of £225,000 on 17th August 2018. For the value to have increased from £225,000 to £300,411 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 2 MALLARD CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALLARD CLOSE has not materially changed since August 2018.

How Large is 2 MALLARD CLOSE?

2 MALLARD CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in Pelsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pelsall, and where 2 MALLARD CLOSE lies on this distribution: 27% of detached houses houses are smaller than 2 MALLARD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

2 MALLARD CLOSE: Plot and Title Map

2 MALLARD CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 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 2 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 2 MALLARD CLOSE?

2 MALLARD CLOSE is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 2 on MALLARD CLOSE.