3, MALLARDS REACH, MARSHFIELD, CARDIFF, CF3 2NN - £285,000

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.

3 MALLARDS REACH is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £351,537. It was last sold for £285,000 in January 2021, which was around 13% below the average January 2021 detached price in the Newport local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

3 MALLARDS REACH Sold Prices

Land registry data shows four sales for 3 MALLARDS REACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the four 3 MALLARDS REACH 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
2021 7 JAN	£285,000	£327,197	13% below HPI
2017 28 JUL	£265,000	£258,612	2% above HPI
2001 12 JAN	£107,950	£114,251	6% below HPI
1997 27 JUN	£85,000	£88,397	4% below HPI

3 MALLARDS REACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 3 MALLARDS REACH sales between June 1997 and January 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 July 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 MALLARDS REACH be worth now?

3 MALLARDS REACH might now be worth an estimated £351,537.

This is based on house price inflation of 23.3%, between January 2021 and April 2026, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 3 MALLARDS REACH of £285,000 on 7th January 2021. For the value to have increased from £285,000 to £351,537 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 3 MALLARDS REACH has moved in line with the HPI for detached houses in the Newport local authority area.
• The January 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MALLARDS REACH has not materially changed since January 2021.

How Large is 3 MALLARDS REACH?

3 MALLARDS REACH is 82m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshfield, and where 3 MALLARDS REACH lies on this distribution: 4% of detached houses houses are smaller than 3 MALLARDS REACH, and 96% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

3 MALLARDS REACH: Plot and Title Map

3 MALLARDS REACH sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 MALLARDS REACH, 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 3 MALLARDS REACH). 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 3 MALLARDS REACH?

3 MALLARDS REACH is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 3 on MALLARDS REACH.