16, LANCELOT WAY, MANSFIELD, NG19 6FJ - £228,000

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

16 LANCELOT WAY is a very small detached house of 79m², built in 2017, which could now be worth an estimated £231,617. It was last sold for £228,000 in November 2023, which was around 13% below the average November 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was A.

16 LANCELOT WAY Sold Prices

Land registry data shows two sales for 16 LANCELOT WAY 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 16 LANCELOT WAY 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 30 NOV	£228,000	£261,800	13% below HPI
2022 25 FEB	£184,995	£242,222	24% below HPI

16 LANCELOT WAY 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 16 LANCELOT WAY sales from February 2022 and November 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 February 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 LANCELOT WAY be worth now?

16 LANCELOT WAY might now be worth an estimated £231,617.

This is based on house price inflation of 1.6%, between November 2023 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 1.6% inflationary increase is applied to the most recent sale price for 16 LANCELOT WAY of £228,000 on 30th November 2023. For the value to have increased from £228,000 to £231,617 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 16 LANCELOT WAY has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The November 2023 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LANCELOT WAY has not materially changed since November 2023.

How Large is 16 LANCELOT WAY?

16 LANCELOT WAY is 79m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 16 LANCELOT WAY lies on this distribution: 16% of detached houses houses are smaller than 16 LANCELOT WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

16 LANCELOT WAY: Plot and Title Map

16 LANCELOT WAY sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 16 LANCELOT WAY, 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 LANCELOT WAY). 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 LANCELOT WAY?

16 LANCELOT WAY is located in MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 16 on LANCELOT WAY.