2, PARK MEWS, MANSFIELD WOODHOUSE, MANSFIELD, NG19 8EL - £115,000

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 PARK MEWS is a very small detached house of 53m², built sometime between 1991 and 1995. It was last sold for £115,000 in October 2015, which was around 31% below the average October 2015 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 PARK MEWS Sold Prices

Land registry data shows three sales for 2 PARK MEWS since 1^st 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 PARK MEWS 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
2015 28 OCT	£115,000	£166,577	31% below HPI
1998 4 DEC	£45,000	£58,448	23% below HPI
1995 24 MAR	£40,500	£54,660	26% below HPI

2 PARK MEWS 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 three 2 PARK MEWS sales between March 1995 and October 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 December 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 PARK MEWS?

2 PARK MEWS is 53m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 PARK MEWS lies on this distribution: 2% of detached houses are smaller than 2 PARK MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Mansfield Woodhouse.

2 PARK MEWS: Plot and Title Map

2 PARK MEWS sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 PARK MEWS, 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 PARK MEWS). 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 PARK MEWS?

2 PARK MEWS is located in MANSFIELD WOODHOUSE, in the NG19 postcode district. The below map shows the position of No. 2 on PARK MEWS.