45, MILL LANE, EDWINSTOWE, MANSFIELD, NG21 9QY - £257,500

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.

45 MILL LANE is a midsized extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £348,369. It was last sold for £257,500 in July 2017, which was around 1% below the average July 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

45 MILL LANE Sold Prices

Land registry data shows two sales for 45 MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 45 MILL LANE 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
2017 7 JUL	£257,500	£260,179	1% below HPI
2003 25 JUL	£162,000	£171,511	6% below HPI

45 MILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 45 MILL LANE sales from July 2003 and July 2017 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 July 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 45 MILL LANE be worth now?

45 MILL LANE might now be worth an estimated £348,369.

This is based on house price inflation of 35.3%, between July 2017 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 45 MILL LANE of £257,500 on 7th July 2017. For the value to have increased from £257,500 to £348,369 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 45 MILL LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2017 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 45 MILL LANE has not materially changed since July 2017.

How Large is 45 MILL LANE?

45 MILL LANE is 120m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwinstowe, and where 45 MILL LANE lies on this distribution: 47% of detached houses houses are smaller than 45 MILL LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

45 MILL LANE: Plot and Title Map

45 MILL LANE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 45 MILL LANE, 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 45 MILL LANE). 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 45 MILL LANE?

45 MILL LANE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 45 on MILL LANE.