31, GARWICK CLOSE, FOREST TOWN, MANSFIELD, NG19 0LU - £138,500

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.

31 GARWICK CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £228,088. It was last sold for £138,500 in August 2014, which was around 14% below the average August 2014 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

31 GARWICK CLOSE Sold Prices

Land registry data shows two sales for 31 GARWICK CLOSE 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 31 GARWICK CLOSE sales 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
2014 15 AUG	£138,500	£161,803	14% below HPI
1999 14 JUN	£39,520	£62,964	37% below HPI

31 GARWICK 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 two 31 GARWICK CLOSE sales from June 1999 and August 2014 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 1999 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 31 GARWICK CLOSE be worth now?

31 GARWICK CLOSE might now be worth an estimated £228,088.

This is based on house price inflation of 64.7%, between August 2014 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 64.7% inflationary increase is applied to the most recent sale price for 31 GARWICK CLOSE of £138,500 on 15th August 2014. For the value to have increased from £138,500 to £228,088 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 31 GARWICK CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The August 2014 sale price of £138,500 represented a fair market value for the property.
• The size, condition, and specification of 31 GARWICK CLOSE has not materially changed since August 2014.

How Large is 31 GARWICK CLOSE?

31 GARWICK CLOSE is 67m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% 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 31 GARWICK CLOSE lies on this distribution: 15% of detached houses houses are smaller than 31 GARWICK CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

31 GARWICK CLOSE: Plot and Title Map

31 GARWICK CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 31 GARWICK 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 31 GARWICK 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 31 GARWICK CLOSE?

31 GARWICK CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 31 on GARWICK CLOSE.