45, OCCUPATION LANE, EDWINSTOWE, MANSFIELD, NG21 9HU - £225,000

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.

45 OCCUPATION LANE is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £317,755. It was last sold for £225,000 in October 2015, which was around 10% below the average October 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

45 OCCUPATION LANE Sold Prices

Land registry data shows two sales for 45 OCCUPATION 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. One of the two 45 OCCUPATION LANE sales was for below the average price, whilst the other was 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 2 OCT	£225,000	£249,244	10% below HPI
2003 25 APR	£199,950	£163,906	22% above HPI

45 OCCUPATION 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 OCCUPATION LANE sales from April 2003 and October 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 April 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 45 OCCUPATION LANE be worth now?

45 OCCUPATION LANE might now be worth an estimated £317,755.

This is based on house price inflation of 41.2%, between October 2015 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 41.2% inflationary increase is applied to the most recent sale price for 45 OCCUPATION LANE of £225,000 on 2nd October 2015. For the value to have increased from £225,000 to £317,755 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 45 OCCUPATION LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 45 OCCUPATION LANE has not materially changed since October 2015.

How Large is 45 OCCUPATION LANE?

45 OCCUPATION LANE is 82m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 OCCUPATION LANE lies on this distribution: 14% of detached houses houses are smaller than 45 OCCUPATION LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

45 OCCUPATION LANE: Plot and Title Map

45 OCCUPATION LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 45 OCCUPATION 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 OCCUPATION 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 OCCUPATION LANE?

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