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
7 HAMBLETON RISE is a large extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £177,500 in October 2012, which was around 26% above the average October 2012 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 HAMBLETON RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 7 HAMBLETON RISE 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 |
---|---|---|---|
2012 12 OCT | £177,500 | £141,254 | 26% above HPI |
2007 15 JAN | £180,000 | £154,290 | 17% above HPI |
2002 31 MAY | £120,450 | £78,076 | 54% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 7 HAMBLETON RISE sales between May 2002 and October 2012 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 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
7 HAMBLETON RISE is 118m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% 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 7 HAMBLETON RISE lies on this distribution: 70% of detached houses are smaller than 7 HAMBLETON RISE, and 30% of houses are larger. Note that EPC data is not available for all properties in Forest Town.
7 HAMBLETON RISE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 7 HAMBLETON RISE, 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 7 HAMBLETON RISE). 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.
7 HAMBLETON RISE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 7 on HAMBLETON RISE.