8, REDCAR CLOSE, MANSFIELD, NG18 4FE - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 REDCAR CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £307,168. It was last sold for £225,000 in August 2018, which was around 15% above the average August 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

8 REDCAR CLOSE Sold Prices

Land registry data shows two sales for 8 REDCAR 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 REDCAR 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
2018 31 AUG	£225,000	£194,810	15% above HPI
1998 17 JUL	£96,750	£61,214	58% above HPI

8 REDCAR 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 REDCAR CLOSE sales from July 1998 and August 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 1998 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 REDCAR CLOSE be worth now?

8 REDCAR CLOSE might now be worth an estimated £307,168.

This is based on house price inflation of 36.5%, between August 2018 and December 2024, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for 8 REDCAR CLOSE of £225,000 on 31st August 2018. For the value to have increased from £225,000 to £307,168 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 REDCAR CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The August 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 8 REDCAR CLOSE has not materially changed since August 2018.

How Large is 8 REDCAR CLOSE?

8 REDCAR CLOSE is 109m² according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 8 REDCAR CLOSE lies on this distribution: 51% of detached houses houses are smaller than 8 REDCAR CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

8 REDCAR CLOSE: Plot and Title Map

8 REDCAR CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 REDCAR 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 REDCAR 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 REDCAR CLOSE?

8 REDCAR CLOSE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 8 on REDCAR CLOSE.