4, SCHOLARS WAY, MANSFIELD, NG18 4YT - £198,000

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 SCHOLARS WAY is a large detached house of 118m², built sometime from 2007 onwards, which could now be worth an estimated £321,948. It was last sold for £198,000 in June 2015, which was around 21% above the average June 2015 detached price in the Mansfield local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

4 SCHOLARS WAY Sold Prices

Land registry data shows two sales for 4 SCHOLARS WAY 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. Both of the two 4 SCHOLARS WAY 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 11 JUN	£198,000	£163,877	21% above HPI
2007 9 NOV	£229,995	£169,442	36% above HPI

4 SCHOLARS WAY 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 SCHOLARS WAY sales from November 2007 and June 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 November 2007 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2015 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 4 SCHOLARS WAY be worth now?

4 SCHOLARS WAY might now be worth an estimated £321,948.

This is based on house price inflation of 62.6%, between June 2015 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 62.6% inflationary increase is applied to the most recent sale price for 4 SCHOLARS WAY of £198,000 on 11th June 2015. For the value to have increased from £198,000 to £321,948 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 4 SCHOLARS WAY has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The June 2015 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOLARS WAY has not materially changed since June 2015.

How Large is 4 SCHOLARS WAY?

4 SCHOLARS WAY is 118m² according to the EPC inspection conducted in January 2012. This puts it in the largest 40% 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 SCHOLARS WAY lies on this distribution: 61% of detached houses houses are smaller than 4 SCHOLARS WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

4 SCHOLARS WAY: Plot and Title Map

4 SCHOLARS WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 4 SCHOLARS WAY, 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 SCHOLARS WAY). 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 SCHOLARS WAY?

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