16, LICHFIELD LANE, MANSFIELD, NG18 4RD - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LICHFIELD LANE is a very large extended detached house of 233m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2015, which was around 220% above the average August 2015 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

16 LICHFIELD LANE Sold Prices

Land registry data shows four sales for 16 LICHFIELD LANE 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 LICHFIELD LANE 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
2015 28 AUG	£525,000	£164,192	220% above HPI
2004 30 JUL	£438,500	£136,861	220% above HPI
2002 11 OCT	£300,000	£91,366	228% above HPI
1999 27 AUG	£152,000	£62,019	145% above HPI

16 LICHFIELD LANE 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 LICHFIELD LANE sales between August 1999 and August 2015 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 2004 sale was for 220% above the HPI. So the extrapolation line tracks at 220% above the HPI over time, until the August 2015 sale, which was also at 220% above the HPI.

How Large is 16 LICHFIELD LANE?

16 LICHFIELD LANE is 233m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% 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 LICHFIELD LANE lies on this distribution: 97% of detached houses are smaller than 16 LICHFIELD LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

16 LICHFIELD LANE: Plot and Title Map

16 LICHFIELD LANE sits on a plot of roughly 0.375 of an acre, or 1,516m². The below map shows the location of 16 LICHFIELD LANE, 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 LICHFIELD LANE). 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 LICHFIELD LANE?

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