7, LICHFIELD LANE, MANSFIELD, NG18 4RA - £276,000

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 LICHFIELD LANE is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £276,000 in April 2018, which was around 52% above the average April 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

7 LICHFIELD LANE Sold Prices

Land registry data shows two sales for 7 LICHFIELD LANE 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 LICHFIELD LANE 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
2018 20 APR	£276,000	£181,638	52% above HPI
2014 4 JUL	£215,000	£156,206	38% above HPI

7 LICHFIELD LANE 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 LICHFIELD LANE sales from July 2014 and April 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 July 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2018 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 7 LICHFIELD LANE?

7 LICHFIELD LANE is 103m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where 7 LICHFIELD LANE lies on this distribution: 44% of detached houses are smaller than 7 LICHFIELD LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

7 LICHFIELD LANE: Plot and Title Map

7 LICHFIELD LANE sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of 7 LICHFIELD 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 7 LICHFIELD 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 7 LICHFIELD LANE?

7 LICHFIELD LANE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 7 on LICHFIELD LANE.