4, CHAFFINCH CLOSE, MANSFIELD, NG18 2QS - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CHAFFINCH CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £265,140. It was last sold for £250,000 in February 2024, which was about the average February 2024 detached price in the Mansfield local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

4 CHAFFINCH CLOSE Sold Prices

Land registry data shows two sales for 4 CHAFFINCH 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. One of the two 4 CHAFFINCH CLOSE sales was roughly equal to the average price, whilst the other was 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
2024 2 FEB	£250,000	£250,767	Close to HPI
2013 13 DEC	£138,000	£150,526	8% below HPI

4 CHAFFINCH 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 4 CHAFFINCH CLOSE sales from December 2013 and February 2024 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 December 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 CHAFFINCH CLOSE be worth now?

4 CHAFFINCH CLOSE might now be worth an estimated £265,140.

This is based on house price inflation of 6.1%, between February 2024 and December 2024, 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 6.1% inflationary increase is applied to the most recent sale price for 4 CHAFFINCH CLOSE of £250,000 on 2nd February 2024. For the value to have increased from £250,000 to £265,140 over the two months to December 2024, the following assumptions must hold true:

• The value of 4 CHAFFINCH CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The February 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHAFFINCH CLOSE has not materially changed since February 2024.

How Large is 4 CHAFFINCH CLOSE?

4 CHAFFINCH CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 4 CHAFFINCH CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 CHAFFINCH CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

4 CHAFFINCH CLOSE: Plot and Title Map

4 CHAFFINCH CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 4 CHAFFINCH 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 4 CHAFFINCH 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 4 CHAFFINCH CLOSE?

4 CHAFFINCH CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 4 on CHAFFINCH CLOSE.