1, NEW PARK LANE, MANSFIELD, NG18 2FA - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEW PARK LANE is a very large detached house of 187m². It was last sold for £475,000 in February 2021, which was around 120% above the average February 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2014, where the current energy rating was B, and the potential energy rating was B.

1 NEW PARK LANE Sold Prices

Land registry data shows two sales for 1 NEW PARK LANE 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 NEW PARK LANE 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
2021 12 FEB	£475,000	£215,823	120% above HPI
2014 19 DEC	£395,000	£160,567	146% above HPI

1 NEW PARK LANE 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 NEW PARK LANE sales from December 2014 and February 2021 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 2014 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the February 2021 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is 1 NEW PARK LANE?

1 NEW PARK LANE is 187m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% 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 NEW PARK LANE lies on this distribution: 93% of detached houses are smaller than 1 NEW PARK LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

1 NEW PARK LANE: Plot and Title Map

1 NEW PARK LANE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 1 NEW PARK LANE, 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 NEW PARK LANE). 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 NEW PARK LANE?

1 NEW PARK LANE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 1 on NEW PARK LANE.