16, WELLS CLOSE, MANSFIELD WOODHOUSE, MANSFIELD, NG19 8LF - £230,000

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 WELLS CLOSE is a midsized extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2022, which was around 4% below the average March 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

16 WELLS CLOSE Sold Prices

Land registry data shows three sales for 16 WELLS 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. Two of the three 16 WELLS CLOSE sales were for below the average price, whilst one was 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
2022 18 MAR	£230,000	£238,911	4% below HPI
2010 29 JAN	£153,000	£150,956	1% above HPI
2007 21 NOV	£163,000	£166,182	2% below HPI

16 WELLS 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 16 WELLS CLOSE sales between November 2007 and March 2022 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 January 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 16 WELLS CLOSE?

16 WELLS CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses in Mansfield Woodhouse, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield Woodhouse, and where 16 WELLS CLOSE lies on this distribution: 47% of detached houses are smaller than 16 WELLS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Mansfield Woodhouse.

16 WELLS CLOSE: Plot and Title Map

16 WELLS CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 16 WELLS 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 16 WELLS 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 16 WELLS CLOSE?

16 WELLS CLOSE is located in MANSFIELD WOODHOUSE, in the NG19 postcode district. The below map shows the position of No. 16 on WELLS CLOSE.