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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MALLORY DRIVE is a very small detached house of 68m², built sometime between 1996 and 2002. 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	£235,256	36% below HPI
2006 10 MAR	£126,000	£181,380	31% below HPI
2003 31 JUL	£102,000	£138,938	27% below HPI
1999 4 JUN	£52,950	£70,892	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 31% below the HPI. So the extrapolation line tracks at 31% 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.

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 in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 5 MALLORY DRIVE lies on this distribution: 6% of detached 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 0.038 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.