2, LEY BANK, MANSFIELD, NG18 4LG - £230,000

2 LEY BANK is a very small detached house of 78m². It was last sold for £230,000 in September 2022, which was around 12% below the average September 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

2 LEY BANK Sold Prices

Land registry data shows four sales for 2 LEY BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the four 2 LEY BANK 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
2022 26 SEP	£230,000	£261,863	12% below HPI
2020 24 APR	£158,000	£198,074	20% below HPI
2020 10 JAN	£128,000	£197,499	35% below HPI
2017 26 JUL	£154,000	£181,523	15% below HPI

2 LEY BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The four 2 LEY BANK sales between July 2017 and September 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 LEY BANK?

2 LEY BANK is 78m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 2 LEY BANK lies on this distribution: 15% of detached houses are smaller than 2 LEY BANK, and 84% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

2 LEY BANK: Plot and Title Map

2 LEY BANK sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 LEY BANK, 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 2 LEY BANK). 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 2 LEY BANK?

2 LEY BANK is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 2 on LEY BANK.