THE LODGE, CLIPSTONE DRIVE, FOREST TOWN, MANSFIELD, NG19 0JH - £527,000

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 LODGE is a very large extended detached house of 233m², built sometime between 2003 and 2006. It was last sold for £527,000 in June 2021, which was around 136% above the average June 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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 LODGE 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 30 JUN	£527,000	£223,626	136% above HPI
2002 20 DEC	£265,000	£96,410	175% above HPI

THE LODGE 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 LODGE sales from December 2002 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 December 2002 sale was for 175% above the HPI. So the extrapolation line tracks at 175% above the HPI over time, until the June 2021 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.

How Large is THE LODGE?

THE LODGE is 233m², which includes four extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% 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 LODGE lies on this distribution: More than 99% of detached houses are smaller than THE LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Newlands.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.357 of an acre, or 1,443m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

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