15, OLD MILL LANE, FOREST TOWN, MANSFIELD, NG19 0EW - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 OLD MILL LANE is a very large extended detached house of 179m², built sometime between 1930 and 1949. It was last sold for £305,000 in August 2016, which was around 78% above the average August 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

15 OLD MILL LANE Sold Prices

Land registry data shows four sales for 15 OLD MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. Most of the four 15 OLD 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
2016 15 AUG	£305,000	£171,335	78% above HPI
2001 5 DEC	£179,950	£72,514	148% above HPI
1997 18 JUL	£99,000	£52,878	87% above HPI
1997 19 MAR	£24,000	£54,254	56% below HPI

15 OLD MILL LANE 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 four 15 OLD MILL LANE sales between March 1997 and August 2016 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 December 2001 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the August 2016 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 15 OLD MILL LANE?

15 OLD MILL LANE is 179m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% 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 15 OLD MILL LANE lies on this distribution: 97% of detached houses are smaller than 15 OLD MILL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

15 OLD MILL LANE: Plot and Title Map

15 OLD MILL LANE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 15 OLD 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 15 OLD 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 15 OLD MILL LANE?

15 OLD MILL LANE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 15 on OLD MILL LANE.