RAINTREE, NEW MILL LANE, FOREST TOWN, MANSFIELD, NG19 0HH - £360,000

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.

RAINTREE is a very large extended detached house of 179m², built sometime between 1983 and 1990, which could now be worth an estimated £420,709. It was last sold for £360,000 in June 2021, which was around 58% above the average June 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

RAINTREE Sold Prices

Land registry data shows two sales for RAINTREE 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 RAINTREE 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
2021 1 JUN	£360,000	£228,013	58% above HPI
2001 26 OCT	£165,000	£74,000	123% above HPI

RAINTREE 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 RAINTREE sales from October 2001 and June 2021 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 October 2001 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the June 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might RAINTREE be worth now?

RAINTREE might now be worth an estimated £420,709.

This is based on house price inflation of 16.9%, between June 2021 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 16.9% inflationary increase is applied to the most recent sale price for RAINTREE of £360,000 on 1st June 2021. For the value to have increased from £360,000 to £420,709 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of RAINTREE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The June 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of RAINTREE has not materially changed since June 2021.

How Large is RAINTREE?

RAINTREE is 179m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forest Town, and where RAINTREE lies on this distribution: 97% of detached houses houses are smaller than RAINTREE, and 3% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

RAINTREE: Plot and Title Map

RAINTREE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of RAINTREE, 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 RAINTREE). 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 RAINTREE?

RAINTREE is located on NEW MILL LANE in FOREST TOWN, in the NG19 postcode district. The below map shows the position of RAINTREE on NEW MILL LANE.