3, MALLARDS CLOSE, ALVELEY, BRIDGNORTH, WV15 6JL - £285,000

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

3 MALLARDS CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2022, which was around 23% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 MALLARDS CLOSE Sold Prices

Land registry data shows three sales for 3 MALLARDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 3 MALLARDS 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
2022 17 MAY	£285,000	£370,436	23% below HPI
2009 27 FEB	£220,000	£242,446	9% below HPI
2000 6 OCT	£97,500	£126,228	23% below HPI

3 MALLARDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 3 MALLARDS CLOSE sales between October 2000 and May 2022 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 February 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 MALLARDS CLOSE?

3 MALLARDS CLOSE is 69m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in Alveley, based on EPC data. The below chart shows the distribution of detached houses by size in Alveley, and where 3 MALLARDS CLOSE lies on this distribution: 12% of detached houses are smaller than 3 MALLARDS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Alveley.

3 MALLARDS CLOSE: Plot and Title Map

3 MALLARDS CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 MALLARDS 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 MALLARDS 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 MALLARDS CLOSE?

3 MALLARDS CLOSE is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 3 on MALLARDS CLOSE.