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
2 BALMORAL CLOSE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £172,000 in March 2005, which was around 18% above the average March 2005 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 2 BALMORAL CLOSE since 1st 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. All of the three 2 BALMORAL CLOSE 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 |
---|---|---|---|
2005 21 MAR | £172,000 | £146,360 | 18% above HPI |
2004 27 AUG | £180,000 | £140,459 | 28% above HPI |
1999 14 MAY | £76,000 | £60,645 | 25% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 2 BALMORAL CLOSE sales between May 1999 and March 2005 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 August 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2005 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
2 BALMORAL CLOSE is 87m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 2 BALMORAL CLOSE lies on this distribution: 36% of detached houses are smaller than 2 BALMORAL CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Mansfield Woodhouse.
2 BALMORAL CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 BALMORAL 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 2 BALMORAL 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.
2 BALMORAL CLOSE is located in MANSFIELD WOODHOUSE, in the NG19 postcode district. The below map shows the position of No. 2 on BALMORAL CLOSE.