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
3 BLACK SCOTCH LANE is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £210,000 in January 2022, which was around 10% below the average January 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 BLACK SCOTCH LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. Most of the four 3 BLACK SCOTCH 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 |
---|---|---|---|
2022 28 JAN | £210,000 | £233,254 | 10% below HPI |
2013 14 OCT | £135,000 | £145,463 | 7% below HPI |
2003 16 MAY | £120,000 | £103,842 | 16% above HPI |
1997 13 AUG | £40,000 | £55,022 | 27% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The four 3 BLACK SCOTCH LANE sales between August 1997 and January 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 October 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
3 BLACK SCOTCH LANE is 81m² according to the EPC inspection conducted in February 2013. 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 3 BLACK SCOTCH LANE lies on this distribution: 19% of detached houses are smaller than 3 BLACK SCOTCH LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
3 BLACK SCOTCH LANE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 3 BLACK SCOTCH 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 3 BLACK SCOTCH 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.
3 BLACK SCOTCH LANE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 3 on BLACK SCOTCH LANE.