8, MALLARD CLOSE, HEYSHAM, MORECAMBE, LA3 2SW - £192,500

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 CLOSE is a large detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £300,057. It was last sold for £192,500 in December 2010, which was around 10% below the average December 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

8 MALLARD CLOSE Sold Prices

Land registry data shows three sales for 8 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. One of the three 8 MALLARD CLOSE sales was for below the average price, whilst two 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
2010 10 DEC	£192,500	£213,503	10% below HPI
2003 9 JAN	£160,000	£133,371	20% above HPI
2000 3 APR	£95,995	£86,595	11% above HPI

8 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 8 MALLARD CLOSE sales between April 2000 and December 2010 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2010 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 MALLARD CLOSE be worth now?

8 MALLARD CLOSE might now be worth an estimated £300,057.

This is based on house price inflation of 55.9%, between December 2010 and May 2026, 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 55.9% inflationary increase is applied to the most recent sale price for 8 MALLARD CLOSE of £192,500 on 10th December 2010. For the value to have increased from £192,500 to £300,057 over the sixteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 MALLARD CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2010 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MALLARD CLOSE has not materially changed since December 2010.

How Large is 8 MALLARD CLOSE?

8 MALLARD CLOSE is 112m² according to the EPC inspection conducted in August 2009. This puts it in the largest 40% 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 8 MALLARD CLOSE lies on this distribution: 63% of detached houses houses are smaller than 8 MALLARD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Heysham.

8 MALLARD CLOSE: Plot and Title Map

8 MALLARD CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 8 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 8 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 8 MALLARD CLOSE?

8 MALLARD CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 8 on MALLARD CLOSE.