Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 CROMER CLOSE is a midsized detached house of 110m², built sometime between 1967 and 1975. It was last sold for £285,000 in November 2023, which was around 11% above the average November 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 CROMER CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 1 CROMER CLOSE 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 10 NOV | £285,000 | £257,160 | 11% above HPI |
2016 25 MAY | £187,500 | £170,070 | 10% above HPI |
2011 14 JAN | £163,000 | £145,207 | 12% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 1 CROMER CLOSE sales between January 2011 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 May 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
1 CROMER CLOSE is 110m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 1 CROMER CLOSE lies on this distribution: 52% of detached houses are smaller than 1 CROMER CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
1 CROMER CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 1 CROMER 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 CROMER 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.
1 CROMER CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 1 on CROMER CLOSE.