5, GOLDCREST LANE, CLIPSTONE VILLAGE, MANSFIELD, NG21 9GH - £235,000

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 GOLDCREST LANE is a small detached house of 108m², which could now be worth an estimated £248,704. It was last sold for £235,000 in May 2024, which was around 29% below the average May 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

5 GOLDCREST LANE Sold Prices

Land registry data shows three sales for 5 GOLDCREST LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 5 GOLDCREST LANE 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
2024 31 MAY	£235,000	£332,598	29% below HPI
2023 13 DEC	£260,000	£344,025	24% below HPI
2015 18 DEC	£199,995	£248,231	19% below HPI

5 GOLDCREST 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 three 5 GOLDCREST LANE sales between December 2015 and May 2024 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 December 2023 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 GOLDCREST LANE be worth now?

5 GOLDCREST LANE might now be worth an estimated £248,704.

This is based on house price inflation of 5.8%, between May 2024 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 5 GOLDCREST LANE of £235,000 on 31st May 2024. For the value to have increased from £235,000 to £248,704 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 5 GOLDCREST LANE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GOLDCREST LANE has not materially changed since May 2024.

How Large is 5 GOLDCREST LANE?

5 GOLDCREST LANE is 108m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in Clipstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clipstone, and where 5 GOLDCREST LANE lies on this distribution: 40% of detached houses houses are smaller than 5 GOLDCREST LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Clipstone.

5 GOLDCREST LANE: Plot and Title Map

5 GOLDCREST LANE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 5 GOLDCREST 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 5 GOLDCREST 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 5 GOLDCREST LANE?

5 GOLDCREST LANE is located in CLIPSTONE VILLAGE, in the NG21 postcode district. The below map shows the position of No. 5 on GOLDCREST LANE.