2, WADE CLOSE, MANSFIELD, NG18 4DR - £160,000

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 WADE CLOSE is a very small detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £227,252. It was last sold for £160,000 in November 2017, which was around 15% below the average November 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 WADE CLOSE Sold Prices

Land registry data shows three sales for 2 WADE CLOSE 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. One of the three 2 WADE CLOSE sales was for below the average price, whilst two 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
2017 10 NOV	£160,000	£187,608	15% below HPI
2003 26 SEP	£122,000	£118,883	3% above HPI
1999 26 MAR	£64,000	£61,197	5% above HPI

2 WADE 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 three 2 WADE CLOSE sales between March 1999 and November 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 September 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 WADE CLOSE be worth now?

2 WADE CLOSE might now be worth an estimated £227,252.

This is based on house price inflation of 42%, between November 2017 and February 2025, for 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 42% inflationary increase is applied to the most recent sale price for 2 WADE CLOSE of £160,000 on 10th November 2017. For the value to have increased from £160,000 to £227,252 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 WADE CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The November 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WADE CLOSE has not materially changed since November 2017.

How Large is 2 WADE CLOSE?

2 WADE CLOSE is 60m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 2 WADE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 WADE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

2 WADE CLOSE: Plot and Title Map

2 WADE CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 WADE 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 WADE 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 WADE CLOSE?

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