14, MILL LANE, EDWINSTOWE, MANSFIELD, NG21 9QY - £430,000

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

14 MILL LANE is a large detached house of 137m², built sometime before 1900. It was last sold for £430,000 in November 2022, which was around 29% above the average November 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

14 MILL LANE Sold Prices

Land registry data shows three sales for 14 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 14 MILL LANE sales 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
2022 22 NOV	£430,000	£334,244	29% above HPI
2016 15 JUL	£245,000	£241,957	1% above HPI
1996 5 SEP	£80,000	£76,835	4% above HPI

14 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 14 MILL LANE sales between September 1996 and November 2022 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 July 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 14 MILL LANE?

14 MILL LANE is 137m² according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where 14 MILL LANE lies on this distribution: 65% of detached houses are smaller than 14 MILL LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

14 MILL LANE: Plot and Title Map

14 MILL LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 14 MILL LANE, 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 14 MILL LANE). 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 14 MILL LANE?

14 MILL LANE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 14 on MILL LANE.