31, RECREATION ROAD, LANGWITH JUNCTION, MANSFIELD, NG20 9AJ - £125,000

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

31 RECREATION ROAD is a midsized extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £125,000 in December 2022, which was around 50% below the average December 2022 detached price in the Bolsover local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

31 RECREATION ROAD Sold Prices

Land registry data shows three sales for 31 RECREATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. Two of the three 31 RECREATION ROAD sales were for below the average price, whilst one was 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
2022 15 DEC	£125,000	£250,384	50% below HPI
2005 7 JAN	£135,000	£133,055	1% above HPI
1999 16 AUG	£49,950	£56,205	11% below HPI

31 RECREATION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 31 RECREATION ROAD sales between August 1999 and December 2022 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 January 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 31 RECREATION ROAD?

31 RECREATION ROAD is 79m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Shirebrook, based on EPC data. The below chart shows the distribution of detached houses by size in Shirebrook, and where 31 RECREATION ROAD lies on this distribution: 43% of detached houses are smaller than 31 RECREATION ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Shirebrook.

31 RECREATION ROAD: Plot and Title Map

31 RECREATION ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 31 RECREATION 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 31 RECREATION 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 31 RECREATION ROAD?

31 RECREATION ROAD is located in LANGWITH JUNCTION, in the NG20 postcode district. The below map shows the position of No. 31 on RECREATION ROAD.