24, NEWLANDS DRIVE, FOREST TOWN, MANSFIELD, NG19 0HZ - £80,000

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

24 NEWLANDS DRIVE is a very small extended semi-detached house of 67m², built sometime between 1950 and 1966. It was last sold for £80,000 in May 2014, which was around 48% below the average May 2014 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

24 NEWLANDS DRIVE Sold Prices

Land registry data shows two sales for 24 NEWLANDS DRIVE 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 24 NEWLANDS DRIVE 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
2014 16 MAY	£80,000	£153,999	48% below HPI
2003 4 NOV	£57,000	£124,653	54% below HPI

24 NEWLANDS DRIVE 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 24 NEWLANDS DRIVE sales from November 2003 and May 2014 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 November 2003 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2014 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 24 NEWLANDS DRIVE?

24 NEWLANDS DRIVE is 67m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Newlands, based on EPC data. The below chart shows the distribution of detached houses by size in Newlands, and where 24 NEWLANDS DRIVE lies on this distribution: 9% of detached houses are smaller than 24 NEWLANDS DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newlands.

24 NEWLANDS DRIVE: Plot and Title Map

24 NEWLANDS DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 24 NEWLANDS DRIVE, 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 24 NEWLANDS DRIVE). 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 24 NEWLANDS DRIVE?

24 NEWLANDS DRIVE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 24 on NEWLANDS DRIVE.