MALLARDS, WALKERS LANE, SHORWELL, NEWPORT, PO30 3JZ - £525,000

MALLARDS is a very large extended detached house of 195m², built sometime between 1996 and 2002. It was last sold for £525,000 in June 2022, which was around 24% above the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was D.

MALLARDS Sold Prices

Land registry data shows two sales for MALLARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two MALLARDS sales 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
2022 16 JUN	£525,000	£424,028	24% above HPI
2002 2 APR	£240,000	£153,434	56% above 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 two MALLARDS sales from April 2002 and June 2022 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 2002 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is MALLARDS?

MALLARDS is 195m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where MALLARDS lies on this distribution: 98% of detached houses are smaller than MALLARDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

MALLARDS: Plot and Title Map

MALLARDS sits on a plot of roughly 0.127 of an acre, or 515m². 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 WALKERS LANE in SHORWELL, in the PO30 postcode district. The below map shows the position of MALLARDS on WALKERS LANE.