45, THE RIDINGS, FOREST TOWN, MANSFIELD, NG19 0QF - £255,000

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 THE RIDINGS is a midsized detached house of 100m², built sometime between 1983 and 1990. It was last sold for £255,000 in February 2021, which was around 18% above the average February 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

45 THE RIDINGS Sold Prices

Land registry data shows three sales for 45 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 45 THE RIDINGS 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
2021 1 FEB	£255,000	£215,823	18% above HPI
2006 31 MAY	£159,000	£147,515	8% above HPI
2001 14 JUN	£84,950	£71,126	19% above HPI

45 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 three 45 THE RIDINGS sales between June 2001 and February 2021 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 45 THE RIDINGS?

45 THE RIDINGS is 100m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% 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 THE RIDINGS lies on this distribution: 51% of detached houses are smaller than 45 THE RIDINGS, and 49% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

45 THE RIDINGS: Plot and Title Map

45 THE RIDINGS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 45 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 45 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 45 THE RIDINGS?

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