5, MALLARDS CLOSE, ALVELEY, BRIDGNORTH, WV15 6JL - £245,000

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

5 MALLARDS CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £245,000 in February 2021, which was around 27% below the average February 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

5 MALLARDS CLOSE Sold Prices

Land registry data shows two sales for 5 MALLARDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 5 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
2021 25 FEB	£245,000	£337,441	27% below HPI
2000 7 SEP	£109,000	£125,759	13% below HPI

5 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 two 5 MALLARDS CLOSE sales from September 2000 and February 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 September 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 MALLARDS CLOSE?

5 MALLARDS CLOSE is 70m² according to the EPC inspection conducted in April 2016. 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 5 MALLARDS CLOSE lies on this distribution: 15% of detached houses are smaller than 5 MALLARDS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Alveley.

5 MALLARDS CLOSE: Plot and Title Map

5 MALLARDS CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 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 5 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 5 MALLARDS CLOSE?

5 MALLARDS CLOSE is located in ALVELEY, in the WV15 postcode district. The below map shows the position of No. 5 on MALLARDS CLOSE.