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 OAKFIELD AVENUE is a midsized detached house of 87m², built sometime between 1967 and 1975. It was last sold for £170,000 in December 2015, which was around 3% above the average December 2015 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 OAKFIELD AVENUE since 1st 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. Most of the four 2 OAKFIELD AVENUE 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 |
---|---|---|---|
2015 14 DEC | £170,000 | £165,516 | 3% above HPI |
2014 19 SEP | £170,000 | £158,918 | 7% above HPI |
2011 1 NOV | £145,000 | £143,109 | 1% above HPI |
2003 15 AUG | £98,000 | £113,807 | 14% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The four 2 OAKFIELD AVENUE sales between August 2003 and December 2015 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 September 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2015 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
2 OAKFIELD AVENUE is 87m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% of detached houses in Market Warsop, based on EPC data. The below chart shows the distribution of detached houses by size in Market Warsop, and where 2 OAKFIELD AVENUE lies on this distribution: 42% of detached houses are smaller than 2 OAKFIELD AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Market Warsop.
2 OAKFIELD AVENUE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 2 OAKFIELD AVENUE, 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 OAKFIELD AVENUE). 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 OAKFIELD AVENUE is located in WARSOP, in the NG20 postcode district. The below map shows the position of No. 2 on OAKFIELD AVENUE.