THE LARCHES, CLIPSTONE DRIVE, FOREST TOWN, MANSFIELD, NG19 0JH - £240,000

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

THE LARCHES is a midsized detached house of 101m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2021, which was around 11% above the average February 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

THE LARCHES Sold Prices

Land registry data shows two sales for THE LARCHES 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. One of the two THE LARCHES sales was for above the average price, whilst the other was 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
2021 16 FEB	£240,000	£215,823	11% above HPI
2004 3 AUG	£50,000	£140,459	64% below HPI

THE LARCHES 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 LARCHES sales from August 2004 and February 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 August 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the February 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE LARCHES?

THE LARCHES is 101m² according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Newlands, based on EPC data. The below chart shows the distribution of detached houses by size in Newlands, and where THE LARCHES lies on this distribution: 56% of detached houses are smaller than THE LARCHES, and 44% of houses are larger. Note that EPC data is not available for all properties in Newlands.

THE LARCHES: Plot and Title Map

THE LARCHES sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of THE LARCHES, 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 LARCHES). 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 LARCHES?

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