2, THE MALLARDS, CAMBRIDGE, CB5 8HJ - £400,000

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.

2 THE MALLARDS is a small flat of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £374,576. It was last sold for £400,000 in September 2023, which was around 27% above the average September 2023 flat price in the Cambridge local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

2 THE MALLARDS Sold Prices

Land registry data shows five sales for 2 THE MALLARDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Cambridge local authority area for the corresponding sale date. All of the five 2 THE 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
2023 14 SEP	£400,000	£315,040	27% above HPI
2015 9 OCT	£345,000	£298,243	16% above HPI
2004 2 JAN	£205,500	£160,353	28% above HPI
2002 5 JUL	£178,000	£139,483	28% above HPI
1997 10 SEP	£71,000	£68,090	4% above HPI

What might 2 THE MALLARDS be worth now?

2 THE MALLARDS might now be worth an estimated £374,576.

This is based on house price deflation of 6.4%, between September 2023 and May 2026, for flats, in the Cambridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% deflationary decrease is applied to the most recent sale price for 2 THE MALLARDS of £400,000 on 14th September 2023. For the value to have decreased from £400,000 to £374,576 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 2 THE MALLARDS has moved in line with the HPI for flats in the Cambridge local authority area.
• The September 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MALLARDS has not materially changed since September 2023.

How Large is 2 THE MALLARDS?

2 THE MALLARDS is 53m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of flats in Cambridge, based on EPC data. 34% of flats are smaller than 2 THE MALLARDS, and 64% of flats are larger. Note that EPC data is not available for all properties in Cambridge.

2 THE MALLARDS: Plot

2 THE MALLARDS sits on a plot of roughly 0.472 of an acre, or 1,911m².

Where is 2 THE MALLARDS?

2 THE MALLARDS is located in CAMBRIDGE, in the CB5 postcode district.