5, ELDER COURT, FOREST TOWN, MANSFIELD, NG19 0RP - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 ELDER COURT is a midsized detached house of 105m², built sometime between 2007 and 2011, which could now be worth an estimated £391,283. It was last sold for £300,000 in March 2020, which was around 47% above the average March 2020 detached price in the Mansfield local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

5 ELDER COURT Sold Prices

Land registry data shows two sales for 5 ELDER COURT 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 5 ELDER COURT 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 30 MAR	£300,000	£204,300	47% above HPI
2012 12 JAN	£249,950	£142,416	76% above HPI

5 ELDER COURT 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 5 ELDER COURT sales from January 2012 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 January 2012 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the March 2020 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 5 ELDER COURT be worth now?

5 ELDER COURT might now be worth an estimated £391,283.

This is based on house price inflation of 30.4%, between March 2020 and February 2025, 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 30.4% inflationary increase is applied to the most recent sale price for 5 ELDER COURT of £300,000 on 30th March 2020. For the value to have increased from £300,000 to £391,283 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 ELDER COURT has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The March 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELDER COURT has not materially changed since March 2020.

How Large is 5 ELDER COURT?

5 ELDER COURT is 105m² according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forest Town, and where 5 ELDER COURT lies on this distribution: 57% of detached houses houses are smaller than 5 ELDER COURT, and 42% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

5 ELDER COURT: Plot and Title Map

5 ELDER COURT sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 5 ELDER COURT, 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 ELDER COURT). 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 ELDER COURT?

5 ELDER COURT is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 5 on ELDER COURT.