2, TERRACE ROAD, MANSFIELD, NG18 2BP - £207,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 TERRACE ROAD is a small extended semi-detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £245,657. It was last sold for £207,500 in July 2021, which was around 39% above the average July 2021 semi-detached price in the Mansfield local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

2 TERRACE ROAD Sold Prices

Land registry data shows four sales for 2 TERRACE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mansfield local authority area for the corresponding sale date. All of the four 2 TERRACE ROAD 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
2021 19 JUL	£207,500	£148,904	39% above HPI
2017 14 AUG	£142,000	£116,577	22% above HPI
2001 20 JUL	£59,950	£41,963	43% above HPI
1995 3 DEC	£42,000	£32,094	31% above HPI

2 TERRACE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mansfield local authority area over time, sourced from the HPI. The four 2 TERRACE ROAD sales between December 1995 and July 2021 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 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 TERRACE ROAD be worth now?

2 TERRACE ROAD might now be worth an estimated £245,657.

This is based on house price inflation of 18.4%, between July 2021 and February 2025, for semi-detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 2 TERRACE ROAD of £207,500 on 19th July 2021. For the value to have increased from £207,500 to £245,657 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 2 TERRACE ROAD has moved in line with the HPI for semi-detached houses in the Mansfield local authority area.
• The July 2021 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 2 TERRACE ROAD has not materially changed since July 2021.

How Large is 2 TERRACE ROAD?

2 TERRACE ROAD is 97m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of semi-detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mansfield, and where 2 TERRACE ROAD lies on this distribution: 37% of semi-detached houses houses are smaller than 2 TERRACE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

2 TERRACE ROAD: Plot and Title Map

2 TERRACE ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 TERRACE ROAD, 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 TERRACE ROAD). 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 TERRACE ROAD?

2 TERRACE ROAD is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 2 on TERRACE ROAD.