2, MALLARDS WAY, LIGHTWATER, GU18 5ND - £699,950

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

2 MALLARDS WAY is a very small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £699,950 in April 2023, which was around 8% below the average April 2023 detached price in the Surrey Heath local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

2 MALLARDS WAY Sold Prices

Land registry data shows two sales for 2 MALLARDS 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 Surrey Heath local authority area for the corresponding sale date. Both of the two 2 MALLARDS WAY 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 28 APR	£699,950	£760,354	8% below HPI
1996 16 AUG	£142,000	£147,755	4% below HPI

2 MALLARDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The two 2 MALLARDS WAY sales from August 1996 and April 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 August 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 MALLARDS WAY?

2 MALLARDS WAY is 106m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 2 MALLARDS WAY lies on this distribution: 18% of detached houses are smaller than 2 MALLARDS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

2 MALLARDS WAY: Plot and Title Map

2 MALLARDS WAY sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 2 MALLARDS 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 2 MALLARDS 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 2 MALLARDS WAY?

2 MALLARDS WAY is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 2 on MALLARDS WAY.