GROSVENOR HOUSE, HERMITAGE AVENUE, MANSFIELD, NG18 5EG - £185,000

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

GROSVENOR HOUSE is a small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £199,087. It was last sold for £185,000 in May 2022, which was around 25% below the average May 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

GROSVENOR HOUSE Sold Prices

Land registry data shows two sales for GROSVENOR HOUSE 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 GROSVENOR HOUSE sales were 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
2022 25 MAY	£185,000	£247,135	25% below HPI
1999 8 JAN	£55,000	£62,659	12% below HPI

GROSVENOR HOUSE 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 GROSVENOR HOUSE sales from January 1999 and May 2022 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 January 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might GROSVENOR HOUSE be worth now?

GROSVENOR HOUSE might now be worth an estimated £199,087.

This is based on house price inflation of 7.6%, between May 2022 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 7.6% inflationary increase is applied to the most recent sale price for GROSVENOR HOUSE of £185,000 on 25th May 2022. For the value to have increased from £185,000 to £199,087 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of GROSVENOR HOUSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The May 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of GROSVENOR HOUSE has not materially changed since May 2022.

How Large is GROSVENOR HOUSE?

GROSVENOR HOUSE is 89m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% 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 GROSVENOR HOUSE lies on this distribution: 28% of detached houses houses are smaller than GROSVENOR HOUSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

GROSVENOR HOUSE: Plot and Title Map

GROSVENOR HOUSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of GROSVENOR HOUSE, 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 GROSVENOR HOUSE). 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 GROSVENOR HOUSE?

GROSVENOR HOUSE is located on HERMITAGE AVENUE in MANSFIELD, in the NG18 postcode district. The below map shows the position of GROSVENOR HOUSE on HERMITAGE AVENUE.