15, PADSTOW CLOSE, MANSFIELD, NG18 4QY - £240,000

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 PADSTOW CLOSE is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £262,025. It was last sold for £240,000 in March 2022, which was around 1% below the average March 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

15 PADSTOW CLOSE Sold Prices

Land registry data shows four sales for 15 PADSTOW CLOSE 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. two of the four 15 PADSTOW CLOSE sales were for below the average price, and four 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 24 MAR	£240,000	£243,598	1% below HPI
2019 5 DEC	£160,000	£200,146	20% below HPI
2012 24 AUG	£151,000	£145,168	4% above HPI
2005 30 JUN	£160,000	£149,549	7% above HPI

15 PADSTOW 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 four 15 PADSTOW CLOSE sales between June 2005 and March 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 December 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 PADSTOW CLOSE be worth now?

15 PADSTOW CLOSE might now be worth an estimated £262,025.

This is based on house price inflation of 9.2%, between March 2022 and December 2024, 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 9.2% inflationary increase is applied to the most recent sale price for 15 PADSTOW CLOSE of £240,000 on 24th March 2022. For the value to have increased from £240,000 to £262,025 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 15 PADSTOW CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The March 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PADSTOW CLOSE has not materially changed since March 2022.

How Large is 15 PADSTOW CLOSE?

15 PADSTOW CLOSE is 97m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 PADSTOW CLOSE lies on this distribution: 37% of detached houses houses are smaller than 15 PADSTOW CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

15 PADSTOW CLOSE: Plot and Title Map

15 PADSTOW CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 15 PADSTOW 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 PADSTOW 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 PADSTOW CLOSE?

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