9, PORTLAND WAY, CLIPSTONE VILLAGE, MANSFIELD, NG21 9FE - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PORTLAND WAY is a very large detached house of 150m², built sometime between 2003 and 2006, which could now be worth an estimated £348,493. It was last sold for £225,000 in April 2015, which was around 1% below the average April 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

9 PORTLAND WAY Sold Prices

Land registry data shows three sales for 9 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. Two of the three 9 PORTLAND WAY sales were for below the average price, whilst one was 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
2015 2 APR	£225,000	£227,260	1% below HPI
2014 12 DEC	£220,000	£226,949	3% below HPI
2007 22 MAR	£264,950	£222,837	19% above HPI

9 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 9 PORTLAND WAY sales between March 2007 and April 2015 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 PORTLAND WAY be worth now?

9 PORTLAND WAY might now be worth an estimated £348,493.

This is based on house price inflation of 54.9%, between April 2015 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.9% inflationary increase is applied to the most recent sale price for 9 PORTLAND WAY of £225,000 on 2nd April 2015. For the value to have increased from £225,000 to £348,493 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 9 PORTLAND WAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The April 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PORTLAND WAY has not materially changed since April 2015.

How Large is 9 PORTLAND WAY?

9 PORTLAND WAY is 150m² according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses houses in Clipstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clipstone, and where 9 PORTLAND WAY lies on this distribution: 81% of detached houses houses are smaller than 9 PORTLAND WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Clipstone.

9 PORTLAND WAY: Plot and Title Map

9 PORTLAND WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 9 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 9 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 9 PORTLAND WAY?

9 PORTLAND WAY is located in CLIPSTONE VILLAGE, in the NG21 postcode district. The below map shows the position of No. 9 on PORTLAND WAY.