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

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

4 FERNWOOD CLOSE is a small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £230,000 in December 2022, which was around 12% 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	£261,803	12% below HPI
1999 24 SEP	£54,950	£62,390	12% below HPI
1996 26 JAN	£41,000	£55,414	26% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2022 sale, which was also at 12% below the HPI.

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 in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 4 FERNWOOD CLOSE lies on this distribution: 21% of detached 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.