BRIDGEWAY, HERMITAGE LANE, MANSFIELD, NG18 5HA - £222,000

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.

BRIDGEWAY is a very large extended detached house of 153m², built sometime between 1930 and 1949, which could now be worth an estimated £319,698. It was last sold for £222,000 in October 2017, which was around 20% above the average October 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

BRIDGEWAY Sold Prices

Land registry data shows two sales for BRIDGEWAY 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. One of the two BRIDGEWAY sales was for above the average price, whilst the other was 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
2017 13 OCT	£222,000	£185,034	20% above HPI
2006 31 JUL	£135,000	£158,379	15% below HPI

BRIDGEWAY 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 BRIDGEWAY sales from July 2006 and October 2017 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2017 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might BRIDGEWAY be worth now?

BRIDGEWAY might now be worth an estimated £319,698.

This is based on house price inflation of 44%, between October 2017 and February 2025, 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 44% inflationary increase is applied to the most recent sale price for BRIDGEWAY of £222,000 on 13th October 2017. For the value to have increased from £222,000 to £319,698 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of BRIDGEWAY has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The October 2017 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of BRIDGEWAY has not materially changed since October 2017.

How Large is BRIDGEWAY?

BRIDGEWAY is 153m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% 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 BRIDGEWAY lies on this distribution: 84% of detached houses houses are smaller than BRIDGEWAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

BRIDGEWAY: Plot and Title Map

BRIDGEWAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of BRIDGEWAY, 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 BRIDGEWAY). 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 BRIDGEWAY?

BRIDGEWAY is located on HERMITAGE LANE in MANSFIELD, in the NG18 postcode district. The below map shows the position of BRIDGEWAY on HERMITAGE LANE.