45, OLD MILL LANE, FOREST TOWN, MANSFIELD, NG19 0EW - £290,000

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

45 OLD MILL LANE is a very large extended detached house of 135m², built sometime between 1996 and 2002. It was last sold for £290,000 in March 2020, which was around 45% above the average March 2020 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

45 OLD MILL LANE Sold Prices

Land registry data shows two sales for 45 OLD 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 Mansfield local authority area for the corresponding sale date. Both of the two 45 OLD MILL LANE 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
2020 18 MAR	£290,000	£200,369	45% above HPI
2002 28 MAR	£135,950	£77,697	75% above HPI

45 OLD MILL LANE 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 two 45 OLD MILL LANE sales from March 2002 and March 2020 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 March 2002 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the March 2020 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 45 OLD MILL LANE?

45 OLD MILL LANE is 135m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 20% 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 45 OLD MILL LANE lies on this distribution: 85% of detached houses are smaller than 45 OLD MILL LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

45 OLD MILL LANE: Plot and Title Map

45 OLD MILL LANE sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 45 OLD 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 OLD 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 OLD MILL LANE?

45 OLD MILL LANE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 45 on OLD MILL LANE.