4, FERNWOOD CLOSE, FOREST TOWN, MANSFIELD, NG19 0NX - £230,000

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.

4 FERNWOOD CLOSE is a small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £229,591. It was last sold for £230,000 in December 2022, which was around 14% below the average December 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

4 FERNWOOD CLOSE Sold Prices

Land registry data shows three sales for 4 FERNWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 4 FERNWOOD 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
2022 8 DEC	£230,000	£266,939	14% below HPI
1999 24 SEP	£54,950	£63,614	14% below HPI
1996 26 JAN	£41,000	£56,501	27% below HPI

4 FERNWOOD 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 three 4 FERNWOOD CLOSE sales between January 1996 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, which was also at 14% below the HPI.

What might 4 FERNWOOD CLOSE be worth now?

4 FERNWOOD CLOSE might now be worth an estimated £229,591.

This is based on house price deflation of 0.2%, between December 2022 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 0.2% deflationary decrease is applied to the most recent sale price for 4 FERNWOOD CLOSE of £230,000 on 8th December 2022. For the value to have decreased from £230,000 to £229,591 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 FERNWOOD CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The December 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FERNWOOD CLOSE has not materially changed since December 2022.

How Large is 4 FERNWOOD CLOSE?

4 FERNWOOD CLOSE is 73m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% 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 4 FERNWOOD CLOSE lies on this distribution: 21% of detached houses houses are smaller than 4 FERNWOOD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

4 FERNWOOD CLOSE: Plot and Title Map

4 FERNWOOD CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 4 FERNWOOD 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 FERNWOOD 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 FERNWOOD CLOSE?

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