5, CROMARTY CLOSE, MANSFIELD, NG19 6RT - £230,000

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

5 CROMARTY CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £237,764. It was last sold for £230,000 in July 2022, which was around 11% below the average July 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

5 CROMARTY CLOSE Sold Prices

Land registry data shows four sales for 5 CROMARTY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the four 5 CROMARTY CLOSE 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
2022 1 JUL	£230,000	£257,269	11% below HPI
2020 31 JUL	£165,000	£206,644	20% below HPI
2017 29 SEP	£151,000	£183,556	18% below HPI
2017 4 APR	£135,000	£177,912	24% below HPI

5 CROMARTY CLOSE 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 four 5 CROMARTY CLOSE sales between April 2017 and July 2022 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 July 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 CROMARTY CLOSE be worth now?

5 CROMARTY CLOSE might now be worth an estimated £237,764.

This is based on house price inflation of 3.4%, between July 2022 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 3.4% inflationary increase is applied to the most recent sale price for 5 CROMARTY CLOSE of £230,000 on 1st July 2022. For the value to have increased from £230,000 to £237,764 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 5 CROMARTY CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The July 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CROMARTY CLOSE has not materially changed since July 2022.

How Large is 5 CROMARTY CLOSE?

5 CROMARTY CLOSE is 70m² according to the EPC inspection conducted in July 2016. 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 5 CROMARTY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 CROMARTY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

5 CROMARTY CLOSE: Plot and Title Map

5 CROMARTY CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 5 CROMARTY CLOSE, 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 5 CROMARTY CLOSE). 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 5 CROMARTY CLOSE?

5 CROMARTY CLOSE is located in MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 5 on CROMARTY CLOSE.