12, RACECOURSE ROAD, MANSFIELD, NG18 4EZ - £140,000

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 RACECOURSE ROAD is a small extended detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £232,973. It was last sold for £140,000 in July 2007, which was around 13% below the average July 2007 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

12 RACECOURSE ROAD Sold Prices

Land registry data shows three sales for 12 RACECOURSE ROAD 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. One of the three 12 RACECOURSE ROAD sales was for below the average price, whilst two 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
2007 17 JUL	£140,000	£160,126	13% below HPI
2001 10 MAY	£82,950	£73,016	14% above HPI
1996 20 DEC	£74,950	£57,512	30% above HPI

12 RACECOURSE 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 three 12 RACECOURSE ROAD sales between December 1996 and July 2007 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 May 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2007 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 RACECOURSE ROAD be worth now?

12 RACECOURSE ROAD might now be worth an estimated £232,973.

This is based on house price inflation of 66.4%, between July 2007 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 66.4% inflationary increase is applied to the most recent sale price for 12 RACECOURSE ROAD of £140,000 on 17th July 2007. For the value to have increased from £140,000 to £232,973 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 12 RACECOURSE ROAD has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The July 2007 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RACECOURSE ROAD has not materially changed since July 2007.

How Large is 12 RACECOURSE ROAD?

12 RACECOURSE ROAD is 86m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 12 RACECOURSE ROAD lies on this distribution: 24% of detached houses houses are smaller than 12 RACECOURSE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

12 RACECOURSE ROAD: Plot and Title Map

12 RACECOURSE ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 12 RACECOURSE 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 RACECOURSE 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 RACECOURSE ROAD?

12 RACECOURSE ROAD is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 12 on RACECOURSE ROAD.