2, OAK BANK CLOSE, MANSFIELD, NG19 7BW - £360,000

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

2 OAK BANK CLOSE is a midsized detached house of 107m², built sometime between 1950 and 1966. It was last sold for £360,000 in May 2023, which was around 43% above the average May 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

2 OAK BANK CLOSE Sold Prices

Land registry data shows two sales for 2 OAK BANK CLOSE 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 2 OAK BANK 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
2023 15 MAY	£360,000	£252,101	43% above HPI
2012 24 AUG	£180,000	£142,375	26% above HPI

2 OAK BANK 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 two 2 OAK BANK CLOSE sales from August 2012 and May 2023 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 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 2 OAK BANK CLOSE?

2 OAK BANK CLOSE is 107m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 2 OAK BANK CLOSE lies on this distribution: 48% of detached houses are smaller than 2 OAK BANK CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

2 OAK BANK CLOSE: Plot and Title Map

2 OAK BANK CLOSE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 2 OAK BANK 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 OAK BANK 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 2 OAK BANK CLOSE?

2 OAK BANK CLOSE is located in MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 2 on OAK BANK CLOSE.