Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38 NEW MILL LANE is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £230,000 in April 2020, which was around 16% above the average April 2020 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 38 NEW MILL LANE since 1st 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 38 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 |
---|---|---|---|
2020 23 APR | £230,000 | £198,074 | 16% above HPI |
2005 25 JUL | £225,000 | £149,653 | 50% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The two 38 NEW MILL LANE sales from July 2005 and April 2020 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 July 2005 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2020 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.
38 NEW MILL LANE is 124m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Mansfield Woodhouse, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield Woodhouse, and where 38 NEW MILL LANE lies on this distribution: 79% of detached houses are smaller than 38 NEW MILL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Mansfield Woodhouse.
38 NEW MILL LANE sits on a plot of roughly 0.214 of an acre, or 864m². The below map shows the location of 38 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 38 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.
38 NEW MILL LANE is located in MANSFIELD WOODHOUSE, in the NG19 postcode district. The below map shows the position of No. 38 on NEW MILL LANE.