THE BUNGALOW, EASTLAND TERRACE, MEDEN VALE, MANSFIELD, NG20 9PT - £150,000

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.

THE BUNGALOW is a very small extended detached house of 58m², built sometime between 1930 and 1949, which could now be worth an estimated £157,435. It was last sold for £150,000 in June 2022, which was around 41% below the average June 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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 THE BUNGALOW 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 17 JUN	£150,000	£253,880	41% below HPI
2013 7 MAY	£100,000	£144,879	31% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from May 2013 and June 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 May 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £157,435.

This is based on house price inflation of 5%, between June 2022 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 5% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £150,000 on 17th June 2022. For the value to have increased from £150,000 to £157,435 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The June 2022 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since June 2022.

How Large is THE BUNGALOW?

THE BUNGALOW is 58m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses houses in Meden Vale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Meden Vale, and where THE BUNGALOW lies on this distribution: 11% of detached houses houses are smaller than THE BUNGALOW, and 89% of houses are larger. Note that EPC data is not available for all properties in Meden Vale.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on EASTLAND TERRACE in MEDEN VALE, in the NG20 postcode district. The below map shows the position of THE BUNGALOW on EASTLAND TERRACE.