4, SHETLAND CLOSE, FOREST TOWN, MANSFIELD, NG19 0QW - £168,000

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 SHETLAND CLOSE is a large detached house of 112m², built sometime between 1991 and 1995. It was last sold for £168,000 in October 2016, which was around 1% below the average October 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

4 SHETLAND CLOSE Sold Prices

Land registry data shows four sales for 4 SHETLAND 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. Most of the four 4 SHETLAND 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
2016 27 OCT	£168,000	£170,178	1% below HPI
2013 11 OCT	£152,000	£145,463	4% above HPI
2004 22 NOV	£154,000	£146,425	5% above HPI
2000 29 SEP	£68,000	£65,267	4% above HPI

4 SHETLAND 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 SHETLAND CLOSE sales between September 2000 and October 2016 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 October 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 SHETLAND CLOSE?

4 SHETLAND CLOSE is 112m² according to the EPC inspection conducted in October 2009. This puts it in the largest 40% 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 SHETLAND CLOSE lies on this distribution: 65% of detached houses are smaller than 4 SHETLAND CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

4 SHETLAND CLOSE: Plot and Title Map

4 SHETLAND CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 SHETLAND 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 SHETLAND 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 SHETLAND CLOSE?

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