48, PARK VIEW WAY, MANSFIELD, NG18 2RN - £120,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 PARK VIEW WAY is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £183,374. It was last sold for £120,000 in June 2016, which was around 31% below the average June 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

48 PARK VIEW WAY Sold Prices

Land registry data shows three sales for 48 PARK VIEW WAY 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 48 PARK VIEW WAY sales were for below 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
2016 17 JUN	£120,000	£174,040	31% below HPI
2013 20 FEB	£97,000	£145,552	33% below HPI
1999 1 APR	£46,000	£58,933	22% below HPI

48 PARK VIEW WAY 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 48 PARK VIEW WAY sales between April 1999 and June 2016 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 48 PARK VIEW WAY be worth now?

48 PARK VIEW WAY might now be worth an estimated £183,374.

This is based on house price inflation of 52.8%, between June 2016 and December 2024, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.8% inflationary increase is applied to the most recent sale price for 48 PARK VIEW WAY of £120,000 on 17th June 2016. For the value to have increased from £120,000 to £183,374 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 48 PARK VIEW WAY has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The June 2016 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PARK VIEW WAY has not materially changed since June 2016.

How Large is 48 PARK VIEW WAY?

48 PARK VIEW WAY is 56m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 48 PARK VIEW WAY lies on this distribution: 2% of detached houses houses are smaller than 48 PARK VIEW WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

48 PARK VIEW WAY: Plot and Title Map

48 PARK VIEW WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 48 PARK VIEW WAY, 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 PARK VIEW WAY). 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 PARK VIEW WAY?

48 PARK VIEW WAY is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 48 on PARK VIEW WAY.