MALLARDS, CHALE STREET, CHALE GREEN, VENTNOR, PO38 2JQ - £172,000

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.

MALLARDS is a very small detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £215,460. It was last sold for £172,000 in January 2020, which was around 47% below the average January 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

MALLARDS Sold Prices

Land registry data shows three sales for MALLARDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three MALLARDS 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
2020 30 JAN	£172,000	£324,997	47% below HPI
2000 25 AUG	£81,500	£122,124	33% below HPI
1997 2 JAN	£49,000	£71,392	31% below HPI

MALLARDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three MALLARDS sales between January 1997 and January 2020 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 August 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might MALLARDS be worth now?

MALLARDS might now be worth an estimated £215,460.

This is based on house price inflation of 25.3%, between January 2020 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.3% inflationary increase is applied to the most recent sale price for MALLARDS of £172,000 on 30th January 2020. For the value to have increased from £172,000 to £215,460 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of MALLARDS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2020 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of MALLARDS has not materially changed since January 2020.

How Large is MALLARDS?

MALLARDS is 60m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses houses in Chale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chale, and where MALLARDS lies on this distribution: 3% of detached houses houses are smaller than MALLARDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Chale.

MALLARDS: Plot and Title Map

MALLARDS sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of MALLARDS, 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 MALLARDS). 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 MALLARDS?

MALLARDS is located on CHALE STREET in CHALE GREEN, in the PO38 postcode district. The below map shows the position of MALLARDS on CHALE STREET.