1, OCEAN DRIVE, WARSOP, MANSFIELD, NG20 0FD - £225,000

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 OCEAN DRIVE is a large detached house of 116m². It was last sold for £225,000 in October 2021, which was around 2% below the average October 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

1 OCEAN DRIVE Sold Prices

Land registry data shows three sales for 1 OCEAN DRIVE 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. The three 1 OCEAN DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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 21 OCT	£225,000	£230,316	2% below HPI
2017 11 AUG	£180,000	£180,353	Close to HPI
2010 26 MAR	£159,950	£150,383	6% above HPI

1 OCEAN DRIVE 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 OCEAN DRIVE sales between March 2010 and October 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 August 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 OCEAN DRIVE?

1 OCEAN DRIVE is 116m² according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses in Market Warsop, based on EPC data. The below chart shows the distribution of detached houses by size in Market Warsop, and where 1 OCEAN DRIVE lies on this distribution: 68% of detached houses are smaller than 1 OCEAN DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Market Warsop.

1 OCEAN DRIVE: Plot and Title Map

1 OCEAN DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 OCEAN DRIVE, 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 OCEAN DRIVE). 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 OCEAN DRIVE?

1 OCEAN DRIVE is located in WARSOP, in the NG20 postcode district. The below map shows the position of No. 1 on OCEAN DRIVE.