300, NEW MILL LANE, FOREST TOWN, MANSFIELD, NG19 0HH - £345,000

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.

300 NEW MILL LANE is a large extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £471,896. It was last sold for £345,000 in August 2018, which was around 77% above the average August 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

300 NEW MILL LANE Sold Prices

Land registry data shows three sales for 300 NEW MILL LANE 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 300 NEW MILL LANE 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 30 AUG	£345,000	£194,810	77% above HPI
2003 2 JUN	£200,000	£110,950	80% above HPI
1999 30 SEP	£131,500	£63,614	107% above HPI

300 NEW MILL LANE 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 300 NEW MILL LANE sales between September 1999 and August 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 June 2003 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the August 2018 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 300 NEW MILL LANE be worth now?

300 NEW MILL LANE might now be worth an estimated £471,896.

This is based on house price inflation of 36.8%, between August 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 36.8% inflationary increase is applied to the most recent sale price for 300 NEW MILL LANE of £345,000 on 30th August 2018. For the value to have increased from £345,000 to £471,896 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 300 NEW MILL LANE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The August 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 300 NEW MILL LANE has not materially changed since August 2018.

How Large is 300 NEW MILL LANE?

300 NEW MILL LANE is 124m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forest Town, and where 300 NEW MILL LANE lies on this distribution: 77% of detached houses houses are smaller than 300 NEW MILL LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

300 NEW MILL LANE: Plot and Title Map

300 NEW MILL LANE sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 300 NEW MILL 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 300 NEW MILL 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.

Where is 300 NEW MILL LANE?

300 NEW MILL LANE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 300 on NEW MILL LANE.