5, MALLARD CLOSE, SPALDING, PE11 2FA - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MALLARD CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £300,000 in September 2024, which was around 6% above the average September 2024 detached price in the South Holland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

5 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 5 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 5 MALLARD CLOSE sales were for above 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
2024 27 SEP	£300,000	£283,549	6% above HPI
2007 1 FEB	£215,000	£186,675	15% above HPI
2002 12 APR	£117,000	£102,973	14% above HPI

5 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 5 MALLARD CLOSE sales between April 2002 and September 2024 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 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 MALLARD CLOSE be worth now?

5 MALLARD CLOSE might now be worth an estimated £302,582.

This is based on house price inflation of 0.9%, between September 2024 and December 2024, 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 0.9% inflationary increase is applied to the most recent sale price for 5 MALLARD CLOSE of £300,000 on 27th September 2024. For the value to have increased from £300,000 to £302,582 over the nine months to December 2024, the following assumptions must hold true:

• The value of 5 MALLARD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The September 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MALLARD CLOSE has not materially changed since September 2024.

How Large is 5 MALLARD CLOSE?

5 MALLARD CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 40% 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 5 MALLARD CLOSE lies on this distribution: 68% of detached houses houses are smaller than 5 MALLARD CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 MALLARD CLOSE: Plot and Title Map

5 MALLARD CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 5 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 5 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 5 MALLARD CLOSE?

5 MALLARD CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 5 on MALLARD CLOSE.