2, OAK TREE CLOSE, MANSFIELD, NG18 3EN - £240,000

2 OAK TREE CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2023, which was around 8% below the average November 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

2 OAK TREE CLOSE Sold Prices

Land registry data shows two sales for 2 OAK TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. One of the two 2 OAK TREE CLOSE sales was for below the average price, whilst the other was 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 2 NOV	£240,000	£261,547	8% below HPI
2019 14 JUN	£195,000	£193,241	1% above HPI

2 OAK TREE CLOSE 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 two 2 OAK TREE CLOSE sales from June 2019 and November 2023 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 June 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 OAK TREE CLOSE?

2 OAK TREE CLOSE is 65m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 OAK TREE CLOSE lies on this distribution: 6% of detached houses are smaller than 2 OAK TREE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

2 OAK TREE CLOSE: Plot and Title Map

2 OAK TREE CLOSE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 2 OAK TREE 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 2 OAK TREE 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 2 OAK TREE CLOSE?

2 OAK TREE CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 2 on OAK TREE CLOSE.