3, OLD NEWARK ROAD, MANSFIELD, NG18 4SZ - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 OLD NEWARK ROAD is a large extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £437,654. It was last sold for £300,000 in February 2018, which was around 64% above the average February 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 OLD NEWARK ROAD Sold Prices

Land registry data shows two sales for 3 OLD NEWARK ROAD since 1^st 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 OLD NEWARK ROAD 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
2018 16 FEB	£300,000	£182,654	64% above HPI
1996 29 MAR	£60,000	£54,086	11% above HPI

3 OLD NEWARK ROAD 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 two 3 OLD NEWARK ROAD sales from March 1996 and February 2018 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 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2018 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 3 OLD NEWARK ROAD be worth now?

3 OLD NEWARK ROAD might now be worth an estimated £437,654.

This is based on house price inflation of 45.9%, between February 2018 and February 2025, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for 3 OLD NEWARK ROAD of £300,000 on 16th February 2018. For the value to have increased from £300,000 to £437,654 over the seven years to February 2025, the following assumptions must hold true:

• The value of 3 OLD NEWARK ROAD has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The February 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OLD NEWARK ROAD has not materially changed since February 2018.

How Large is 3 OLD NEWARK ROAD?

3 OLD NEWARK ROAD is 118m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 3 OLD NEWARK ROAD lies on this distribution: 61% of detached houses houses are smaller than 3 OLD NEWARK ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

3 OLD NEWARK ROAD: Plot and Title Map

3 OLD NEWARK ROAD sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of 3 OLD NEWARK ROAD, 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 OLD NEWARK ROAD). 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 OLD NEWARK ROAD?

3 OLD NEWARK ROAD is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 3 on OLD NEWARK ROAD.