2, RAMSEY CLOSE, FOREST TOWN, MANSFIELD, NG19 0NS - £130,000

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 RAMSEY CLOSE is a small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £130,000 in April 2017, which was around 25% below the average April 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 RAMSEY CLOSE Sold Prices

Land registry data shows two sales for 2 RAMSEY 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 RAMSEY CLOSE 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
2017 20 APR	£130,000	£174,489	25% below HPI
2015 7 DEC	£98,000	£165,516	41% below HPI

2 RAMSEY 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 RAMSEY CLOSE sales from December 2015 and April 2017 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 RAMSEY CLOSE?

2 RAMSEY CLOSE is 76m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 RAMSEY CLOSE lies on this distribution: 26% of detached houses are smaller than 2 RAMSEY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

2 RAMSEY CLOSE: Plot and Title Map

2 RAMSEY CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 RAMSEY 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 RAMSEY 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 RAMSEY CLOSE?

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