15, PADDOCK CLOSE, MANSFIELD, NG18 5AS - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PADDOCK CLOSE is a very large extended detached house of 182m², built sometime from 2007 onwards, which could now be worth an estimated £603,637. It was last sold for £425,000 in November 2017, which was around 127% above the average November 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

15 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 15 PADDOCK CLOSE 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 15 PADDOCK CLOSE 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
2017 24 NOV	£425,000	£187,608	127% above HPI
2007 18 MAY	£425,000	£156,032	172% above HPI

15 PADDOCK CLOSE 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 15 PADDOCK CLOSE sales from May 2007 and November 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 May 2007 sale was for 172% above the HPI. So the extrapolation line tracks at 172% above the HPI over time, until the November 2017 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.

What might 15 PADDOCK CLOSE be worth now?

15 PADDOCK CLOSE might now be worth an estimated £603,637.

This is based on house price inflation of 42%, between November 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 42% inflationary increase is applied to the most recent sale price for 15 PADDOCK CLOSE of £425,000 on 24th November 2017. For the value to have increased from £425,000 to £603,637 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The November 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PADDOCK CLOSE has not materially changed since November 2017.

How Large is 15 PADDOCK CLOSE?

15 PADDOCK CLOSE is 182m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% 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 15 PADDOCK CLOSE lies on this distribution: 92% of detached houses houses are smaller than 15 PADDOCK CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

15 PADDOCK CLOSE: Plot and Title Map

15 PADDOCK CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 15 PADDOCK 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 15 PADDOCK 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.

Where is 15 PADDOCK CLOSE?

15 PADDOCK CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 15 on PADDOCK CLOSE.