252, NEW MILL LANE, FOREST TOWN, MANSFIELD, NG19 0HH - £338,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

252 NEW MILL LANE is a large extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £338,000 in January 2023, which was around 30% above the average January 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was B.

252 NEW MILL LANE Sold Prices

Land registry data shows five sales for 252 NEW MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the five 252 NEW MILL 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
2023 31 JAN	£338,000	£260,999	30% above HPI
2008 19 MAR	£220,000	£161,855	36% above HPI
2001 30 NOV	£117,500	£71,794	64% above HPI
2001 27 APR	£115,000	£70,430	63% above HPI
1999 10 SEP	£74,950	£62,390	20% above HPI

252 NEW MILL 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 five 252 NEW MILL LANE sales between September 1999 and January 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 2008 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 252 NEW MILL LANE?

252 NEW MILL LANE is 112m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 252 NEW MILL LANE lies on this distribution: 64% of detached houses are smaller than 252 NEW MILL LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

252 NEW MILL LANE: Plot and Title Map

252 NEW MILL LANE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 252 NEW MILL 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 252 NEW MILL 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 252 NEW MILL LANE?

252 NEW MILL LANE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 252 on NEW MILL LANE.