19, OLIVE GROVE, FOREST TOWN, MANSFIELD, NG19 0AP - £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

19 OLIVE GROVE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £225,000 in May 2024, which was around 10% below the average May 2024 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

19 OLIVE GROVE Sold Prices

Land registry data shows two sales for 19 OLIVE GROVE 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 19 OLIVE GROVE 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
2024 24 MAY	£225,000	£251,117	10% below HPI
2017 1 DEC	£120,000	£183,463	35% below HPI

19 OLIVE GROVE 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 19 OLIVE GROVE sales from December 2017 and May 2024 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 December 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 19 OLIVE GROVE?

19 OLIVE GROVE is 68m², which includes two extensions, according to the EPC inspection conducted in September 2023. 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 19 OLIVE GROVE lies on this distribution: 16% of detached houses are smaller than 19 OLIVE GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

19 OLIVE GROVE: Plot and Title Map

19 OLIVE GROVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 19 OLIVE GROVE, 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 19 OLIVE GROVE). 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 19 OLIVE GROVE?

19 OLIVE GROVE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 19 on OLIVE GROVE.