4, MALLARD CLOSE, SPALDING, PE11 2FA - £170,000

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.

4 MALLARD CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £223,148. It was last sold for £170,000 in October 2016, which was around 20% below the average October 2016 detached price in the South Holland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

4 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 4 MALLARD 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 South Holland local authority area for the corresponding sale date. All of the three 4 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
2016 21 OCT	£170,000	£211,923	20% below HPI
2012 17 JAN	£135,000	£167,580	19% below HPI
2002 21 JUN	£89,950	£108,738	17% below HPI

4 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 three 4 MALLARD CLOSE sales between June 2002 and October 2016 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 January 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 MALLARD CLOSE be worth now?

4 MALLARD CLOSE might now be worth an estimated £223,148.

This is based on house price inflation of 31.3%, between October 2016 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 31.3% inflationary increase is applied to the most recent sale price for 4 MALLARD CLOSE of £170,000 on 21st October 2016. For the value to have increased from £170,000 to £223,148 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 MALLARD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The October 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MALLARD CLOSE has not materially changed since October 2016.

How Large is 4 MALLARD CLOSE?

4 MALLARD CLOSE is 81m² according to the EPC inspection conducted in May 2011. 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 4 MALLARD CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 MALLARD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Spalding.

4 MALLARD CLOSE: Plot and Title Map

4 MALLARD CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 4 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 4 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 4 MALLARD CLOSE?

4 MALLARD CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 4 on MALLARD CLOSE.