GREYSTONES, CLIPSTONE DRIVE, FOREST TOWN, MANSFIELD, NG19 0JH - £185,000

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

GREYSTONES is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £185,000 in June 2005, which was around 26% above the average June 2005 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

GREYSTONES Sold Prices

Land registry data shows two sales for GREYSTONES 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 GREYSTONES 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
2005 30 JUN	£185,000	£146,671	26% above HPI
2002 5 MAR	£89,000	£77,697	15% above HPI

GREYSTONES 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 GREYSTONES sales from March 2002 and June 2005 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 March 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2005 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is GREYSTONES?

GREYSTONES is 72m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Newlands, based on EPC data. The below chart shows the distribution of detached houses by size in Newlands, and where GREYSTONES lies on this distribution: 9% of detached houses are smaller than GREYSTONES, and 91% of houses are larger. Note that EPC data is not available for all properties in Newlands.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located on CLIPSTONE DRIVE in FOREST TOWN, in the NG19 postcode district. The below map shows the position of GREYSTONES on CLIPSTONE DRIVE.