GREENBANK, NORFOLK DRIVE, MANSFIELD, NG19 7AG - £600,000

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.

GREENBANK is a very large extended detached house of 363m², built sometime between 1930 and 1949, which could now be worth an estimated £768,728. It was last sold for £600,000 in October 2020, which was around 182% above the average October 2020 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

GREENBANK Sold Prices

Land registry data shows two sales for GREENBANK 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 GREENBANK 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
2020 15 OCT	£600,000	£212,988	182% above HPI
1996 23 FEB	£185,000	£54,968	237% above HPI

GREENBANK 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 GREENBANK sales from February 1996 and October 2020 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 February 1996 sale was for 237% above the HPI. So the extrapolation line tracks at 237% above the HPI over time, until the October 2020 sale, where it falls to 182% above the HPI. The line then continues to track at 182% above the HPI.

What might GREENBANK be worth now?

GREENBANK might now be worth an estimated £768,728.

This is based on house price inflation of 28.1%, between October 2020 and July 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 28.1% inflationary increase is applied to the most recent sale price for GREENBANK of £600,000 on 15th October 2020. For the value to have increased from £600,000 to £768,728 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of GREENBANK has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The October 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of GREENBANK has not materially changed since October 2020.

How Large is GREENBANK?

GREENBANK is 363m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% 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 GREENBANK lies on this distribution: 99% of detached houses houses are smaller than GREENBANK, and 1% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.530 of an acre, or 2,145m². The below map shows the location of GREENBANK, 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 GREENBANK). 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 GREENBANK?

GREENBANK is located on NORFOLK DRIVE in MANSFIELD, in the NG19 postcode district. The below map shows the position of GREENBANK on NORFOLK DRIVE.