8, MALLARD WAY, PENKRIDGE, STAFFORD, ST19 5UE - £205,000

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.

8 MALLARD WAY is a very small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £351,665. It was last sold for £205,000 in February 2014, which was around 18% below the average February 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 MALLARD WAY Sold Prices

Land registry data shows three sales for 8 MALLARD WAY 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 Staffordshire local authority area for the corresponding sale date. All of the three 8 MALLARD WAY 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
2014 4 FEB	£205,000	£251,428	18% below HPI
2006 3 APR	£197,500	£243,881	19% below HPI
2002 22 FEB	£134,000	£142,643	6% below HPI

8 MALLARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 8 MALLARD WAY sales between February 2002 and February 2014 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 April 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 MALLARD WAY be worth now?

8 MALLARD WAY might now be worth an estimated £351,665.

This is based on house price inflation of 71.5%, between February 2014 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.5% inflationary increase is applied to the most recent sale price for 8 MALLARD WAY of £205,000 on 4th February 2014. For the value to have increased from £205,000 to £351,665 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 8 MALLARD WAY has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MALLARD WAY has not materially changed since February 2014.

How Large is 8 MALLARD WAY?

8 MALLARD WAY is 84m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses houses in Penkridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penkridge, and where 8 MALLARD WAY lies on this distribution: 18% of detached houses houses are smaller than 8 MALLARD WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Penkridge.

8 MALLARD WAY: Plot and Title Map

8 MALLARD WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 MALLARD WAY, 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 8 MALLARD WAY). 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 8 MALLARD WAY?

8 MALLARD WAY is located in PENKRIDGE, in the ST19 postcode district. The below map shows the position of No. 8 on MALLARD WAY.