3, MALLARDS REACH, MARSHFIELD, CARDIFF, CF3 2NN - £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 REACH is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £285,000 in January 2021, which was around 15% below the average January 2021 detached price in the Newport local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

3 MALLARDS REACH Sold Prices

Land registry data shows four sales for 3 MALLARDS REACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. The four 3 MALLARDS REACH sales were a mix of below the average price, and roughly equal to 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
2021 7 JAN	£285,000	£334,879	15% below HPI
2017 28 JUL	£265,000	£264,684	Close to HPI
2001 12 JAN	£107,950	£116,933	8% below HPI
1997 27 JUN	£85,000	£90,473	6% below HPI

3 MALLARDS REACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 3 MALLARDS REACH sales between June 1997 and January 2021 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 July 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 MALLARDS REACH?

3 MALLARDS REACH is 82m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where 3 MALLARDS REACH lies on this distribution: 4% of detached houses are smaller than 3 MALLARDS REACH, and 96% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

3 MALLARDS REACH: Plot and Title Map

3 MALLARDS REACH sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 MALLARDS REACH, 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 REACH). 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 REACH?

3 MALLARDS REACH is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 3 on MALLARDS REACH.