22, MALLARD WAY, MARKET RASEN, LN8 3RD - £253,000

22 MALLARD WAY is a midsized extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £253,000 in July 2021, which was around 2% below the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

22 MALLARD WAY Sold Prices

Land registry data shows four sales for 22 MALLARD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four 22 MALLARD WAY sales were for below the average price, and four were 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
2021 29 JUL	£253,000	£257,466	2% below HPI
2018 31 JAN	£228,500	£219,568	4% above HPI
2015 19 JUN	£209,950	£188,193	12% above HPI
2014 30 JAN	£178,000	£190,386	7% below HPI

22 MALLARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 22 MALLARD WAY sales between January 2014 and July 2021 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 January 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 22 MALLARD WAY?

22 MALLARD WAY is 103m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses by size in Market Rasen, and where 22 MALLARD WAY lies on this distribution: 45% of detached houses are smaller than 22 MALLARD WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

22 MALLARD WAY: Plot and Title Map

22 MALLARD WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 22 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 22 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 22 MALLARD WAY?

22 MALLARD WAY is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 22 on MALLARD WAY.