4, OAK TREE CLOSE, MANSFIELD, NG18 3EN - £240,000

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 OAK TREE CLOSE is a midsized detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £391,200. It was last sold for £240,000 in August 2015, which was around 43% above the average August 2015 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

4 OAK TREE CLOSE Sold Prices

Land registry data shows four sales for 4 OAK TREE CLOSE 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 OAK TREE CLOSE 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
2015 19 AUG	£240,000	£167,413	43% above HPI
2011 2 JUN	£240,000	£149,317	61% above HPI
2007 3 DEC	£243,500	£170,584	43% above HPI
2006 20 OCT	£177,500	£159,833	11% above HPI

4 OAK TREE 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 four 4 OAK TREE CLOSE sales between October 2006 and August 2015 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 June 2011 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the August 2015 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 4 OAK TREE CLOSE be worth now?

4 OAK TREE CLOSE might now be worth an estimated £391,200.

This is based on house price inflation of 63%, between August 2015 and July 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 63% inflationary increase is applied to the most recent sale price for 4 OAK TREE CLOSE of £240,000 on 19th August 2015. For the value to have increased from £240,000 to £391,200 over the ten years and one month to July 2025, the following assumptions must hold true:

• The value of 4 OAK TREE CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The August 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAK TREE CLOSE has not materially changed since August 2015.

How Large is 4 OAK TREE CLOSE?

4 OAK TREE CLOSE is 101m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 OAK TREE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 4 OAK TREE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

4 OAK TREE CLOSE: Plot and Title Map

4 OAK TREE CLOSE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 4 OAK TREE 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 OAK TREE 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 OAK TREE CLOSE?

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