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 VALE CLOSE is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £260,000 in August 2021, which was around 16% above the average August 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 VALE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. Most of the four 7 VALE CLOSE 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 |
---|---|---|---|
2021 27 AUG | £260,000 | £224,851 | 16% above HPI |
2019 27 AUG | £192,000 | £197,157 | 3% below HPI |
2014 18 JUL | £163,000 | £156,206 | 4% above HPI |
2005 20 DEC | £155,000 | £149,344 | 4% above HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The four 7 VALE CLOSE sales between December 2005 and August 2021 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 August 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
7 VALE CLOSE is 83m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% 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 VALE CLOSE lies on this distribution: 21% of detached houses are smaller than 7 VALE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Mansfield.
7 VALE CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 7 VALE 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 7 VALE 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.
7 VALE CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 7 on VALE CLOSE.