1, HAZELWOOD CLOSE, FOREST TOWN, MANSFIELD, NG19 0NL - £222,000

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 HAZELWOOD CLOSE is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £222,000 in September 2023, which was around 13% below the average September 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

1 HAZELWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 HAZELWOOD CLOSE since 1^st 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 HAZELWOOD CLOSE 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
2023 21 SEP	£222,000	£253,913	13% below HPI
2020 9 OCT	£158,000	£208,890	24% below HPI
1996 19 JUL	£48,000	£54,584	12% below HPI

1 HAZELWOOD 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 three 1 HAZELWOOD CLOSE sales between July 1996 and September 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 October 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 HAZELWOOD CLOSE?

1 HAZELWOOD CLOSE is 54m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 1 HAZELWOOD CLOSE lies on this distribution: 4% of detached houses are smaller than 1 HAZELWOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

1 HAZELWOOD CLOSE: Plot and Title Map

1 HAZELWOOD CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1 HAZELWOOD 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 HAZELWOOD 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 HAZELWOOD CLOSE?

1 HAZELWOOD CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 1 on HAZELWOOD CLOSE.