diff --git a/package/src/components/Select/v1/Select.js b/package/src/components/Select/v1/Select.js
index 523243dfe..f353b261b 100644
--- a/package/src/components/Select/v1/Select.js
+++ b/package/src/components/Select/v1/Select.js
@@ -573,7 +573,7 @@ class Select extends Component {
       passthroughProps[prop] = this.props[prop];
     });
 
-    let optionValue;
+    let optionValue = null;
     if (value !== undefined && value !== null) {
       optionValue = reactSelectOptions.find((opt) => {
         if (opt.options) return opt.options.find((o) => o.value === value);
diff --git a/package/src/components/Select/v1/Select.test.js b/package/src/components/Select/v1/Select.test.js
index 7ccce3268..923409144 100644
--- a/package/src/components/Select/v1/Select.test.js
+++ b/package/src/components/Select/v1/Select.test.js
@@ -55,3 +55,11 @@ test("alphabetize option snapshot", () => {
   const tree = component.toJSON();
   expect(tree).toMatchSnapshot();
 });
+
+test("when value prop changes to `null`, selection is cleared", () => {
+  const wrapper = mount(<Select options={OPTIONS} value="c" />);
+  expect(wrapper.html().indexOf(">C</div>")).not.toBe(-1);
+
+  wrapper.setProps({ value: null });
+  expect(wrapper.html().indexOf(">Select...</div>")).not.toBe(-1);
+});