7, MALLARD CLOSE, HEYSHAM, MORECAMBE, LA3 2SW - £199,950

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

7 MALLARD CLOSE is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £291,303. It was last sold for £199,950 in April 2016, which was around 14% below the average April 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

7 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 7 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 Lancaster local authority area for the corresponding sale date. Two of the three 7 MALLARD CLOSE sales were for below the average price, whilst one was 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
2016 15 APR	£199,950	£231,513	14% below HPI
2016 4 MAR	£210,000	£230,822	9% below HPI
2000 31 MAR	£90,495	£85,639	6% above HPI

7 MALLARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 7 MALLARD CLOSE sales between March 2000 and April 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 March 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 MALLARD CLOSE be worth now?

7 MALLARD CLOSE might now be worth an estimated £291,303.

This is based on house price inflation of 45.7%, between April 2016 and December 2024, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.7% inflationary increase is applied to the most recent sale price for 7 MALLARD CLOSE of £199,950 on 15th April 2016. For the value to have increased from £199,950 to £291,303 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 7 MALLARD CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2016 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 7 MALLARD CLOSE has not materially changed since April 2016.

How Large is 7 MALLARD CLOSE?

7 MALLARD CLOSE is 104m² according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 7 MALLARD CLOSE lies on this distribution: 55% of detached houses houses are smaller than 7 MALLARD CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Heysham.

7 MALLARD CLOSE: Plot and Title Map

7 MALLARD CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 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 7 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 7 MALLARD CLOSE?

7 MALLARD CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 7 on MALLARD CLOSE.