3, OAKHAM CLOSE, MANSFIELD, NG18 4AD - £295,000

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

3 OAKHAM CLOSE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £295,000 in October 2023, which was around 14% above the average October 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

3 OAKHAM CLOSE Sold Prices

Land registry data shows three sales for 3 OAKHAM CLOSE 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 3 OAKHAM CLOSE 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 13 OCT	£295,000	£257,757	14% above HPI
2022 7 JUL	£275,000	£252,319	9% above HPI
2010 16 AUG	£172,000	£147,218	17% above HPI

3 OAKHAM CLOSE 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 3 OAKHAM CLOSE sales between August 2010 and October 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 July 2022 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 OAKHAM CLOSE?

3 OAKHAM CLOSE is 84m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 OAKHAM CLOSE lies on this distribution: 22% of detached houses are smaller than 3 OAKHAM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

3 OAKHAM CLOSE: Plot and Title Map

3 OAKHAM CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 3 OAKHAM CLOSE, 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 OAKHAM CLOSE). 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 3 OAKHAM CLOSE?

3 OAKHAM CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 3 on OAKHAM CLOSE.