Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 GRIZEDALE CLOSE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £125,000 in October 2013, which was around 14% below the average October 2013 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 GRIZEDALE CLOSE since 1st 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. One of the two 5 GRIZEDALE CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2013 11 OCT | £125,000 | £145,463 | 14% below HPI |
1995 3 OCT | £66,000 | £50,815 | 30% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The two 5 GRIZEDALE CLOSE sales from October 1995 and October 2013 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 October 1995 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
5 GRIZEDALE CLOSE is 88m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 40% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 5 GRIZEDALE CLOSE lies on this distribution: 39% of detached houses are smaller than 5 GRIZEDALE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Forest Town.
5 GRIZEDALE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 GRIZEDALE 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 GRIZEDALE 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.
5 GRIZEDALE CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 5 on GRIZEDALE CLOSE.