16, BUDBY AVENUE, MANSFIELD, NG18 3JB - £225,000

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

16 BUDBY AVENUE is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £225,000 in January 2023, which was around 14% below the average January 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

16 BUDBY AVENUE Sold Prices

Land registry data shows four sales for 16 BUDBY AVENUE 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. All of the four 16 BUDBY AVENUE sales were for 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
2023 31 JAN	£225,000	£260,999	14% below HPI
2021 8 JUL	£163,000	£225,142	28% below HPI
2007 30 NOV	£135,000	£166,182	19% below HPI
1995 30 OCT	£42,500	£50,815	16% below HPI

16 BUDBY AVENUE 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 16 BUDBY AVENUE sales between October 1995 and January 2023 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 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 BUDBY AVENUE?

16 BUDBY AVENUE is 73m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 16 BUDBY AVENUE lies on this distribution: 11% of detached houses are smaller than 16 BUDBY AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

16 BUDBY AVENUE: Plot and Title Map

16 BUDBY AVENUE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 16 BUDBY AVENUE, 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 16 BUDBY AVENUE). 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 16 BUDBY AVENUE?

16 BUDBY AVENUE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 16 on BUDBY AVENUE.