24, PROSPECT STREET, MANSFIELD, NG18 2JJ - £200,000

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 PROSPECT STREET is a small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £200,000 in June 2023, which was around 22% below the average June 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

24 PROSPECT STREET Sold Prices

Land registry data shows two sales for 24 PROSPECT STREET 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 PROSPECT STREET 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
2023 9 JUN	£200,000	£255,877	22% below HPI
2021 1 MAR	£150,000	£219,480	32% below HPI

24 PROSPECT STREET 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 PROSPECT STREET sales from March 2021 and June 2023 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 24 PROSPECT STREET?

24 PROSPECT STREET is 92m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 24 PROSPECT STREET lies on this distribution: 32% of detached houses are smaller than 24 PROSPECT STREET, and 66% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

24 PROSPECT STREET: Plot and Title Map

24 PROSPECT STREET sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 24 PROSPECT STREET, 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 PROSPECT STREET). 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 PROSPECT STREET?

24 PROSPECT STREET is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 24 on PROSPECT STREET.