2, OLD MILL CLOSE, FOREST TOWN, MANSFIELD, NG19 0EA - £255,000

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 OLD MILL CLOSE is a very large extended detached house of 129m², built sometime between 2003 and 2006. It was last sold for £255,000 in January 2019, which was around 32% above the average January 2019 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

2 OLD MILL CLOSE Sold Prices

Land registry data shows four sales for 2 OLD MILL CLOSE since 1^st 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. All of the four 2 OLD MILL 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
2019 11 JAN	£255,000	£193,488	32% above HPI
2007 19 NOV	£218,000	£166,182	31% above HPI
2004 20 FEB	£186,000	£124,411	50% above HPI
2003 17 APR	£159,950	£101,095	58% above HPI

2 OLD MILL 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 four 2 OLD MILL CLOSE sales between April 2003 and January 2019 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 November 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 OLD MILL CLOSE?

2 OLD MILL CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 2 OLD MILL CLOSE lies on this distribution: 80% of detached houses are smaller than 2 OLD MILL CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

2 OLD MILL CLOSE: Plot and Title Map

2 OLD MILL CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 OLD MILL 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 OLD MILL 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 OLD MILL CLOSE?

2 OLD MILL CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 2 on OLD MILL CLOSE.