3, MALLARD CLOSE, SPALDING, PE11 2FA - £192,000

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.

3 MALLARD CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £228,147. It was last sold for £192,000 in August 2019, which was around 18% below the average August 2019 detached price in the South Holland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 MALLARD CLOSE Sold Prices

Land registry data shows four sales for 3 MALLARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 3 MALLARD 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
2019 28 AUG	£192,000	£234,104	18% below HPI
2010 19 MAR	£141,500	£173,827	19% below HPI
2006 10 FEB	£155,000	£182,891	15% below HPI
2002 5 JUL	£89,950	£111,321	19% below HPI

3 MALLARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 3 MALLARD CLOSE sales between July 2002 and August 2019 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 MALLARD CLOSE be worth now?

3 MALLARD CLOSE might now be worth an estimated £228,147.

This is based on house price inflation of 18.8%, between August 2019 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 3 MALLARD CLOSE of £192,000 on 28th August 2019. For the value to have increased from £192,000 to £228,147 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MALLARD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2019 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MALLARD CLOSE has not materially changed since August 2019.

How Large is 3 MALLARD CLOSE?

3 MALLARD CLOSE is 82m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 3 MALLARD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 MALLARD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Spalding.

3 MALLARD CLOSE: Plot and Title Map

3 MALLARD CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 3 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 3 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 3 MALLARD CLOSE?

3 MALLARD CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 3 on MALLARD CLOSE.