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
11 BANK END CLOSE is a very small extended detached house of 66m², built sometime between 2007 and 2011. It was last sold for £220,000 in February 2023, which was around 15% below the average February 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 11 BANK END CLOSE since 1st 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 11 BANK END 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 10 FEB | £220,000 | £258,460 | 15% below HPI |
2018 16 NOV | £160,000 | £191,384 | 16% below HPI |
2011 30 JUN | £139,995 | £146,444 | 4% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 11 BANK END CLOSE sales between June 2011 and February 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 November 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
11 BANK END CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 11 BANK END CLOSE lies on this distribution: 7% of detached houses are smaller than 11 BANK END CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
11 BANK END CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 11 BANK END 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 11 BANK END 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.
11 BANK END CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 11 on BANK END CLOSE.