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

THE BUNGALOW is a very small extended detached house of 58m², built sometime between 1930 and 1949. It was last sold for £150,000 in June 2022, which was around 40% 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	£249,237	40% below HPI
2013 7 MAY	£100,000	£142,091	30% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Meden Vale, based on EPC data. The below chart shows the distribution of detached houses by size in Meden Vale, and where THE BUNGALOW lies on this distribution: 13% of detached houses are smaller than THE BUNGALOW, and 88% 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.