5, MALLORY DRIVE, SPALDING, PE11 2FJ - £150,000

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.

5 MALLORY DRIVE is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £178,240. It was last sold for £150,000 in August 2019, which was around 36% below the average August 2019 detached price in the South Holland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

5 MALLORY DRIVE Sold Prices

Land registry data shows four sales for 5 MALLORY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 5 MALLORY DRIVE 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
2019 22 AUG	£150,000	£234,104	36% below HPI
2006 10 MAR	£126,000	£180,492	30% below HPI
2003 31 JUL	£102,000	£138,258	26% below HPI
1999 4 JUN	£52,950	£70,545	25% below HPI

5 MALLORY DRIVE 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 four 5 MALLORY DRIVE sales between June 1999 and August 2019 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 March 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 5 MALLORY DRIVE be worth now?

5 MALLORY DRIVE might now be worth an estimated £178,240.

This is based on house price inflation of 18.8%, between August 2019 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 18.8% inflationary increase is applied to the most recent sale price for 5 MALLORY DRIVE of £150,000 on 22nd August 2019. For the value to have increased from £150,000 to £178,240 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MALLORY DRIVE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2019 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MALLORY DRIVE has not materially changed since August 2019.

How Large is 5 MALLORY DRIVE?

5 MALLORY DRIVE is 68m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 MALLORY DRIVE lies on this distribution: 6% of detached houses houses are smaller than 5 MALLORY DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Spalding.

5 MALLORY DRIVE: Plot and Title Map

5 MALLORY DRIVE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 5 MALLORY DRIVE, 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 MALLORY DRIVE). 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 MALLORY DRIVE?

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