48, OCCUPATION LANE, EDWINSTOWE, MANSFIELD, NG21 9HU - £395,000

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

48 OCCUPATION LANE is a midsized detached house of 130m², built sometime between 1996 and 2002. It was last sold for £395,000 in February 2023, which was around 17% above the average February 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

48 OCCUPATION LANE Sold Prices

Land registry data shows two sales for 48 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. Both of the two 48 OCCUPATION 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
2023 6 FEB	£395,000	£336,942	17% above HPI
2020 28 FEB	£300,000	£265,913	13% above HPI

48 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 48 OCCUPATION LANE sales from February 2020 and February 2023 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 February 2020 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 48 OCCUPATION LANE?

48 OCCUPATION LANE is 130m² according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Edwinstowe, and where 48 OCCUPATION LANE lies on this distribution: 58% of detached houses are smaller than 48 OCCUPATION LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

48 OCCUPATION LANE: Plot and Title Map

48 OCCUPATION LANE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 48 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 48 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 48 OCCUPATION LANE?

48 OCCUPATION LANE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 48 on OCCUPATION LANE.