2, MALLARD CRESCENT, IWADE, SITTINGBOURNE, ME9 8TJ - £248,000

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 CRESCENT is a small extended detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £391,250. It was last sold for £248,000 in November 2014, which was around 18% below the average November 2014 detached price in the Swale local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

2 MALLARD CRESCENT Sold Prices

Land registry data shows four sales for 2 MALLARD CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four 2 MALLARD CRESCENT 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
2014 6 NOV	£248,000	£300,746	18% below HPI
2011 17 JUN	£219,995	£250,539	12% below HPI
2006 9 JAN	£225,500	£245,839	8% below HPI
2003 30 OCT	£195,000	£216,423	10% below HPI

2 MALLARD CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four 2 MALLARD CRESCENT sales between October 2003 and November 2014 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 June 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 MALLARD CRESCENT be worth now?

2 MALLARD CRESCENT might now be worth an estimated £391,250.

This is based on house price inflation of 57.8%, between November 2014 and February 2025, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.8% inflationary increase is applied to the most recent sale price for 2 MALLARD CRESCENT of £248,000 on 6th November 2014. For the value to have increased from £248,000 to £391,250 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MALLARD CRESCENT has moved in line with the HPI for detached houses in the Swale local authority area.
• The November 2014 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALLARD CRESCENT has not materially changed since November 2014.

How Large is 2 MALLARD CRESCENT?

2 MALLARD CRESCENT is 93m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwade, and where 2 MALLARD CRESCENT lies on this distribution: 25% of detached houses houses are smaller than 2 MALLARD CRESCENT, and 75% of houses are larger. Note that EPC data is not available for all properties in Iwade.

2 MALLARD CRESCENT: Plot and Title Map

2 MALLARD CRESCENT sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 2 MALLARD CRESCENT, 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 CRESCENT). 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 CRESCENT?

2 MALLARD CRESCENT is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 2 on MALLARD CRESCENT.