1, FARADAY ROAD, MANSFIELD, NG18 4ET - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FARADAY ROAD is a large extended detached house of 134m², built sometime between 1967 and 1975, which could now be worth an estimated £381,115. It was last sold for £250,000 in November 2016, which was around 43% above the average November 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

1 FARADAY ROAD Sold Prices

Land registry data shows two sales for 1 FARADAY ROAD 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. Both of the two 1 FARADAY ROAD 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
2016 18 NOV	£250,000	£174,457	43% above HPI
1999 10 DEC	£81,950	£63,382	29% above HPI

1 FARADAY ROAD 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 1 FARADAY ROAD sales from December 1999 and November 2016 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 December 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2016 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1 FARADAY ROAD be worth now?

1 FARADAY ROAD might now be worth an estimated £381,115.

This is based on house price inflation of 52.4%, between November 2016 and December 2024, 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 52.4% inflationary increase is applied to the most recent sale price for 1 FARADAY ROAD of £250,000 on 18th November 2016. For the value to have increased from £250,000 to £381,115 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 FARADAY ROAD has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The November 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARADAY ROAD has not materially changed since November 2016.

How Large is 1 FARADAY ROAD?

1 FARADAY ROAD is 134m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% 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 FARADAY ROAD lies on this distribution: 73% of detached houses houses are smaller than 1 FARADAY ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

1 FARADAY ROAD: Plot and Title Map

1 FARADAY ROAD sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 1 FARADAY ROAD, 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 FARADAY ROAD). 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 FARADAY ROAD?

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