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
20 LICHFIELD LANE is a very large extended detached house of 233m², built sometime between 1996 and 2002. It was last sold for £685,000 in June 2022, which was around 175% above the average June 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 20 LICHFIELD LANE since 1st 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 20 LICHFIELD LANE 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 |
---|---|---|---|
2022 28 JUN | £685,000 | £248,996 | 175% above HPI |
2002 1 MAR | £242,500 | £77,697 | 212% above HPI |
1996 15 JUL | £130,000 | £54,584 | 138% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 20 LICHFIELD LANE sales between July 1996 and June 2022 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 March 2002 sale was for 212% above the HPI. So the extrapolation line tracks at 212% above the HPI over time, until the June 2022 sale, where it falls to 175% above the HPI. The line then continues to track at 175% above the HPI.
20 LICHFIELD LANE is 233m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 20 LICHFIELD LANE lies on this distribution: 97% of detached houses are smaller than 20 LICHFIELD LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
20 LICHFIELD LANE sits on a plot of roughly 0.350 of an acre, or 1,418m². The below map shows the location of 20 LICHFIELD LANE, 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 20 LICHFIELD LANE). 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.
20 LICHFIELD LANE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 20 on LICHFIELD LANE.