246, WESTFIELD LANE, MANSFIELD, NG19 6HG - £187,500

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

246 WESTFIELD LANE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £187,500 in November 2021, which was around 19% below the average November 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

246 WESTFIELD LANE Sold Prices

Land registry data shows three sales for 246 WESTFIELD LANE 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. All of the three 246 WESTFIELD LANE 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
2021 17 NOV	£187,500	£232,415	19% below HPI
2013 21 JUN	£133,000	£142,679	7% below HPI
2008 21 NOV	£122,500	£150,558	19% below HPI

246 WESTFIELD LANE 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 246 WESTFIELD LANE sales between November 2008 and November 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 June 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 246 WESTFIELD LANE?

246 WESTFIELD LANE is 80m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 246 WESTFIELD LANE lies on this distribution: 18% of detached houses are smaller than 246 WESTFIELD LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

246 WESTFIELD LANE: Plot and Title Map

246 WESTFIELD LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 246 WESTFIELD 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 246 WESTFIELD 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.

Where is 246 WESTFIELD LANE?

246 WESTFIELD LANE is located in MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 246 on WESTFIELD LANE.