1, SHETLAND CLOSE, FOREST TOWN, MANSFIELD, NG19 0QW - £182,500

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 SHETLAND CLOSE is a midsized detached house of 94m², built sometime between 1976 and 1982. It was last sold for £182,500 in April 2017, which was around 5% above the average April 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

1 SHETLAND CLOSE Sold Prices

Land registry data shows two sales for 1 SHETLAND CLOSE 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. One of the two 1 SHETLAND CLOSE sales was for above the average price, whilst the other was 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
2017 27 APR	£182,500	£174,489	5% above HPI
1999 4 JUN	£50,000	£61,752	19% below HPI

1 SHETLAND 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 two 1 SHETLAND CLOSE sales from June 1999 and April 2017 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 June 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 SHETLAND CLOSE?

1 SHETLAND CLOSE is 94m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 50% 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 SHETLAND CLOSE lies on this distribution: 44% of detached houses are smaller than 1 SHETLAND CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

1 SHETLAND CLOSE: Plot and Title Map

1 SHETLAND CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 1 SHETLAND 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 SHETLAND 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 SHETLAND CLOSE?

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