5, WADE CLOSE, MANSFIELD, NG18 4DR - £189,995

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 WADE CLOSE is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £265,270. It was last sold for £189,995 in June 2018, which was about the average June 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

5 WADE CLOSE Sold Prices

Land registry data shows two sales for 5 WADE CLOSE 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. One of the two 5 WADE CLOSE sales was roughly equal to the average price, whilst the other was 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
2018 19 JUN	£189,995	£190,484	Close to HPI
2016 28 MAY	£157,500	£173,407	9% below HPI

5 WADE 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 two 5 WADE CLOSE sales from May 2016 and June 2018 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 May 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 WADE CLOSE be worth now?

5 WADE CLOSE might now be worth an estimated £265,270.

This is based on house price inflation of 39.6%, between June 2018 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 39.6% inflationary increase is applied to the most recent sale price for 5 WADE CLOSE of £189,995 on 19th June 2018. For the value to have increased from £189,995 to £265,270 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 5 WADE CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The June 2018 sale price of £189,995 represented a fair market value for the property.
• The size, condition, and specification of 5 WADE CLOSE has not materially changed since June 2018.

How Large is 5 WADE CLOSE?

5 WADE CLOSE is 68m² according to the EPC inspection conducted in June 2011. 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 WADE CLOSE lies on this distribution: 8% of detached houses houses are smaller than 5 WADE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

5 WADE CLOSE: Plot and Title Map

5 WADE CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 WADE 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 WADE 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 WADE CLOSE?

5 WADE CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 5 on WADE CLOSE.