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

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

45 OCCUPATION LANE is a very small detached house of 82m², built sometime between 1991 and 1995. It was last sold for £225,000 in October 2015, which was around 6% 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	£239,424	6% below HPI
2003 25 APR	£199,950	£157,448	27% 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

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 in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where 45 OCCUPATION LANE lies on this distribution: 14% of detached 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.