1, HERMITAGE AVENUE, MANSFIELD, NG18 5EG - £155,000

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 HERMITAGE AVENUE is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £155,000 in December 2018, which was around 19% below the average December 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

1 HERMITAGE AVENUE Sold Prices

Land registry data shows four sales for 1 HERMITAGE AVENUE 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. All of the four 1 HERMITAGE AVENUE 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
2018 17 DEC	£155,000	£192,000	19% below HPI
2016 22 APR	£143,500	£169,307	15% below HPI
2007 20 AUG	£132,000	£161,349	18% below HPI
2002 29 NOV	£63,000	£94,584	33% below HPI

1 HERMITAGE AVENUE 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 HERMITAGE AVENUE sales between November 2002 and December 2018 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 April 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 HERMITAGE AVENUE?

1 HERMITAGE AVENUE is 72m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% 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 HERMITAGE AVENUE lies on this distribution: 10% of detached houses are smaller than 1 HERMITAGE AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

1 HERMITAGE AVENUE: Plot and Title Map

1 HERMITAGE AVENUE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 1 HERMITAGE AVENUE, 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 HERMITAGE AVENUE). 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 HERMITAGE AVENUE?

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