7, PORTLAND WAY, CLIPSTONE VILLAGE, MANSFIELD, NG21 9FE - £253,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PORTLAND WAY is a very large detached house of 169m², built sometime between 2003 and 2006. It was last sold for £253,000 in May 2019, which was around 4% below the average May 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

7 PORTLAND WAY Sold Prices

Land registry data shows three sales for 7 PORTLAND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the three 7 PORTLAND WAY sales was for below the average price, whilst two 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
2019 31 MAY	£253,000	£264,550	4% below HPI
2007 5 NOV	£246,500	£227,603	8% above HPI
2005 12 DEC	£240,990	£207,983	16% above HPI

7 PORTLAND WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 7 PORTLAND WAY sales between December 2005 and May 2019 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 November 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 PORTLAND WAY?

7 PORTLAND WAY is 169m² according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses in Clipstone, based on EPC data. The below chart shows the distribution of detached houses by size in Clipstone, and where 7 PORTLAND WAY lies on this distribution: 93% of detached houses are smaller than 7 PORTLAND WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Clipstone.

7 PORTLAND WAY: Plot and Title Map

7 PORTLAND WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 PORTLAND WAY, 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 PORTLAND WAY). 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 PORTLAND WAY?

7 PORTLAND WAY is located in CLIPSTONE VILLAGE, in the NG21 postcode district. The below map shows the position of No. 7 on PORTLAND WAY.