Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
3 PENZANCE PLACE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £187,950 in July 2017, which was around 4% above the average July 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 PENZANCE PLACE since 1st 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. One of the three 3 PENZANCE PLACE sales was for above the average price, whilst two 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 |
---|---|---|---|
2017 28 JUL | £187,950 | £181,523 | 4% above HPI |
2004 6 OCT | £110,385 | £143,857 | 23% below HPI |
1996 21 AUG | £48,500 | £54,204 | 11% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 3 PENZANCE PLACE sales between August 1996 and July 2017 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 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
3 PENZANCE PLACE is 82m² according to the EPC inspection conducted in May 2017. 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 PENZANCE PLACE lies on this distribution: 20% of detached houses are smaller than 3 PENZANCE PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
3 PENZANCE PLACE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 PENZANCE PLACE, 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 PENZANCE PLACE). 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 PENZANCE PLACE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 3 on PENZANCE PLACE.