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 FAIRLAWNS is a very large detached house of 177m², built sometime between 1996 and 2002. It was last sold for £485,000 in June 2023, which was around 90% above the average June 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 FAIRLAWNS since 1st 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 3 FAIRLAWNS 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 19 JUN | £485,000 | £255,877 | 90% above HPI |
2006 20 OCT | £241,000 | £156,758 | 54% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The two 3 FAIRLAWNS sales from October 2006 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 October 2006 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2023 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.
3 FAIRLAWNS is 177m² according to the EPC inspection conducted in August 2022. This puts it in the largest 10% 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 FAIRLAWNS lies on this distribution: 91% of detached houses are smaller than 3 FAIRLAWNS, and 9% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
3 FAIRLAWNS sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 3 FAIRLAWNS, 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 FAIRLAWNS). 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 FAIRLAWNS is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 3 on FAIRLAWNS.