8, MANDARIN CLOSE, FOREST TOWN, MANSFIELD, NG19 0GS - £292,500

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

8 MANDARIN CLOSE is a very large detached house of 132m². It was last sold for £292,500 in September 2021, which was around 29% above the average September 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

8 MANDARIN CLOSE Sold Prices

Land registry data shows two sales for 8 MANDARIN CLOSE 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 8 MANDARIN 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 17 SEP	£292,500	£226,037	29% above HPI
2013 17 DEC	£226,995	£147,630	54% above HPI

8 MANDARIN CLOSE 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 8 MANDARIN CLOSE sales from December 2013 and September 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 December 2013 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 MANDARIN CLOSE?

8 MANDARIN CLOSE is 132m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% 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 8 MANDARIN CLOSE lies on this distribution: 83% of detached houses are smaller than 8 MANDARIN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

8 MANDARIN CLOSE: Plot and Title Map

8 MANDARIN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8 MANDARIN 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 8 MANDARIN 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.

Where is 8 MANDARIN CLOSE?

8 MANDARIN CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 8 on MANDARIN CLOSE.