16, THE SHIRES, FOREST TOWN, MANSFIELD, NG19 0QL - £122,000

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 THE SHIRES is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £122,000 in December 2007, which was around 27% below the average December 2007 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

16 THE SHIRES Sold Prices

Land registry data shows four sales for 16 THE SHIRES 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 THE SHIRES 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
2007 6 DEC	£122,000	£167,302	27% below HPI
2003 9 JUN	£91,950	£108,815	15% below HPI
2000 30 AUG	£51,000	£64,659	21% below HPI
1997 29 AUG	£46,500	£55,022	15% below HPI

16 THE SHIRES 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 THE SHIRES sales between August 1997 and December 2007 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 June 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2007 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 THE SHIRES?

16 THE SHIRES is 71m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 16 THE SHIRES lies on this distribution: 19% of detached houses are smaller than 16 THE SHIRES, and 80% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

16 THE SHIRES: Plot and Title Map

16 THE SHIRES sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 16 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

16 THE SHIRES is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 16 on THE SHIRES.