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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MALLARD CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. 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	£235,256	18% below HPI
2010 19 MAR	£141,500	£174,683	19% below HPI
2006 10 FEB	£155,000	£183,791	16% below HPI
2002 5 JUL	£89,950	£111,869	20% 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.

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 in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 3 MALLARD CLOSE lies on this distribution: 18% of detached houses are smaller than 3 MALLARD CLOSE, and 81% 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.