7, HAZEL BANK, FOREST TOWN, MANSFIELD, NG19 0QH - £99,000

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 HAZEL BANK is a very small detached house of 48m², built sometime between 1976 and 1982. It was last sold for £99,000 in March 2016, which was around 40% below the average March 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 HAZEL BANK Sold Prices

Land registry data shows two sales for 7 HAZEL BANK 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 7 HAZEL BANK 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
2016 10 MAR	£99,000	£166,163	40% below HPI
2001 19 OCT	£51,500	£72,577	29% below HPI

7 HAZEL BANK 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 7 HAZEL BANK sales from October 2001 and March 2016 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 7 HAZEL BANK?

7 HAZEL BANK is 48m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 HAZEL BANK lies on this distribution: 1% of detached houses are smaller than 7 HAZEL BANK, and 99% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

7 HAZEL BANK: Plot and Title Map

7 HAZEL BANK sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 7 HAZEL BANK, 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 HAZEL BANK). 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 7 HAZEL BANK?

7 HAZEL BANK is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 7 on HAZEL BANK.