43, THE RIDINGS, FOREST TOWN, MANSFIELD, NG19 0QF - £235,000

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

43 THE RIDINGS is a small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £235,000 in September 2022, which was around 11% below the average September 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

43 THE RIDINGS Sold Prices

Land registry data shows five sales for 43 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. Most of the five 43 THE RIDINGS 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 23 SEP	£235,000	£262,631	11% below HPI
2005 27 MAY	£125,000	£146,842	15% below HPI
2003 6 JAN	£99,950	£96,934	3% above HPI
1998 4 DEC	£52,000	£58,448	11% below HPI
1998 31 JUL	£58,500	£60,037	3% below HPI

43 THE RIDINGS 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 five 43 THE RIDINGS sales between July 1998 and September 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 May 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 43 THE RIDINGS?

43 THE RIDINGS is 77m² according to the EPC inspection conducted in June 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 43 THE RIDINGS lies on this distribution: 26% of detached houses are smaller than 43 THE RIDINGS, and 73% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

43 THE RIDINGS: Plot and Title Map

43 THE RIDINGS sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 43 THE RIDINGS, 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 43 THE RIDINGS). 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 43 THE RIDINGS?

43 THE RIDINGS is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 43 on THE RIDINGS.