1, ALLWOOD CLOSE, MANSFIELD, NG18 2EN - £167,000

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.

1 ALLWOOD CLOSE is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £220,174. It was last sold for £167,000 in March 2020, which was around 18% below the average March 2020 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

1 ALLWOOD CLOSE Sold Prices

Land registry data shows four sales for 1 ALLWOOD CLOSE 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. two of the four 1 ALLWOOD CLOSE sales were for below the average price, and four 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
2020 13 MAR	£167,000	£204,300	18% below HPI
2000 18 AUG	£67,500	£65,927	2% above HPI
1999 7 OCT	£59,950	£62,605	4% below HPI
1998 6 MAR	£58,950	£58,154	1% above HPI

1 ALLWOOD 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 four 1 ALLWOOD CLOSE sales between March 1998 and March 2020 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 August 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 ALLWOOD CLOSE be worth now?

1 ALLWOOD CLOSE might now be worth an estimated £220,174.

This is based on house price inflation of 31.8%, between March 2020 and March 2025, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.8% inflationary increase is applied to the most recent sale price for 1 ALLWOOD CLOSE of £167,000 on 13th March 2020. For the value to have increased from £167,000 to £220,174 over the five years to March 2025, the following assumptions must hold true:

• The value of 1 ALLWOOD CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The March 2020 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ALLWOOD CLOSE has not materially changed since March 2020.

How Large is 1 ALLWOOD CLOSE?

1 ALLWOOD CLOSE is 75m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 1 ALLWOOD CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 ALLWOOD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

1 ALLWOOD CLOSE: Plot and Title Map

1 ALLWOOD CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 ALLWOOD 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 1 ALLWOOD 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 1 ALLWOOD CLOSE?

1 ALLWOOD CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 1 on ALLWOOD CLOSE.