15, VALE CLOSE, MANSFIELD, NG18 4HR - £182,500

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.

15 VALE CLOSE is a midsized detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £279,803. It was last sold for £182,500 in September 2016, which was around 5% above the average September 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

15 VALE CLOSE Sold Prices

Land registry data shows three sales for 15 VALE CLOSE 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. The three 15 VALE CLOSE sales were a mix of above the average price, roughly equal to the average price, and below 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 1 SEP	£182,500	£173,800	5% above HPI
1996 2 AUG	£52,000	£55,268	6% below HPI
1996 24 MAY	£53,000	£53,039	Close to HPI

15 VALE 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 three 15 VALE CLOSE sales between May 1996 and September 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 August 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 VALE CLOSE be worth now?

15 VALE CLOSE might now be worth an estimated £279,803.

This is based on house price inflation of 53.3%, between September 2016 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 53.3% inflationary increase is applied to the most recent sale price for 15 VALE CLOSE of £182,500 on 1st September 2016. For the value to have increased from £182,500 to £279,803 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 VALE CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The September 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 15 VALE CLOSE has not materially changed since September 2016.

How Large is 15 VALE CLOSE?

15 VALE CLOSE is 100m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 VALE CLOSE lies on this distribution: 41% of detached houses houses are smaller than 15 VALE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

15 VALE CLOSE: Plot and Title Map

15 VALE CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 15 VALE 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 VALE 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 VALE CLOSE?

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