12, LAKE FARM ROAD, RAINWORTH, MANSFIELD, NG21 0ED - £159,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LAKE FARM ROAD is a very small detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £232,196. It was last sold for £159,950 in September 2017, which was around 13% below the average September 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

12 LAKE FARM ROAD Sold Prices

Land registry data shows two sales for 12 LAKE FARM ROAD 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 12 LAKE FARM ROAD 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
2017 8 SEP	£159,950	£183,556	13% below HPI
2017 29 MAR	£120,000	£180,407	33% below HPI

12 LAKE FARM ROAD 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 12 LAKE FARM ROAD sales from March 2017 and September 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 March 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 LAKE FARM ROAD be worth now?

12 LAKE FARM ROAD might now be worth an estimated £232,196.

This is based on house price inflation of 45.2%, between September 2017 and February 2025, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.2% inflationary increase is applied to the most recent sale price for 12 LAKE FARM ROAD of £159,950 on 8th September 2017. For the value to have increased from £159,950 to £232,196 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 LAKE FARM ROAD has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The September 2017 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 12 LAKE FARM ROAD has not materially changed since September 2017.

How Large is 12 LAKE FARM ROAD?

12 LAKE FARM ROAD is 62m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainworth, and where 12 LAKE FARM ROAD lies on this distribution: 11% of detached houses houses are smaller than 12 LAKE FARM ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

12 LAKE FARM ROAD: Plot and Title Map

12 LAKE FARM ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 12 LAKE FARM ROAD, 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 12 LAKE FARM ROAD). 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 12 LAKE FARM ROAD?

12 LAKE FARM ROAD is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 12 on LAKE FARM ROAD.