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
7A OAKFIELD AVENUE is a very small extended detached house of 68m², built sometime between 1996 and 2002. It was last sold for £135,000 in May 2023, which was around 46% below the average May 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7A OAKFIELD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the five 7A OAKFIELD AVENUE 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 |
---|---|---|---|
2023 25 MAY | £135,000 | £252,101 | 46% below HPI |
2019 29 NOV | £135,000 | £199,578 | 32% below HPI |
2016 21 OCT | £160,000 | £170,178 | 6% below HPI |
2003 9 MAY | £94,950 | £103,842 | 9% below HPI |
1997 14 FEB | £45,000 | £54,530 | 17% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The five 7A OAKFIELD AVENUE sales between February 1997 and May 2023 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 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
7A OAKFIELD AVENUE is 68m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Market Warsop, based on EPC data. The below chart shows the distribution of detached houses by size in Market Warsop, and where 7A OAKFIELD AVENUE lies on this distribution: 18% of detached houses are smaller than 7A OAKFIELD AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Market Warsop.
7A OAKFIELD AVENUE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 7A OAKFIELD AVENUE, 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 7A OAKFIELD AVENUE). 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.
7A OAKFIELD AVENUE is located in WARSOP, in the NG20 postcode district. The below map shows the position of No. 7A on OAKFIELD AVENUE.