4, CORNEL COURT, FOREST TOWN, MANSFIELD, NG19 0NF - £180,000

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

4 CORNEL COURT is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £180,000 in November 2021, which was around 23% below the average November 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

4 CORNEL COURT Sold Prices

Land registry data shows four sales for 4 CORNEL COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the four 4 CORNEL COURT 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
2021 30 NOV	£180,000	£232,415	23% below HPI
2016 20 DEC	£126,000	£174,891	28% below HPI
2003 14 MAR	£67,500	£97,181	31% below HPI
2001 28 FEB	£47,500	£64,840	27% below HPI

4 CORNEL COURT 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 four 4 CORNEL COURT sales between February 2001 and November 2021 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 CORNEL COURT?

4 CORNEL COURT is 65m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 4 CORNEL COURT lies on this distribution: 13% of detached houses are smaller than 4 CORNEL COURT, and 86% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

4 CORNEL COURT: Plot and Title Map

4 CORNEL COURT sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 4 CORNEL COURT, 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 CORNEL COURT). 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 CORNEL COURT?

4 CORNEL COURT is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 4 on CORNEL COURT.