THE ORCHARD, HARLOW AVENUE, MANSFIELD, NG18 4SJ - £180,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE ORCHARD is a very small extended detached house of 73m², built sometime between 1983 and 1990. It was last sold for £180,000 in May 2024, which was around 30% below the average May 2024 detached price in the Mansfield local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

THE ORCHARD Sold Prices

Land registry data shows two sales for THE ORCHARD 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 ORCHARD 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
2024 31 MAY	£180,000	£255,598	30% below HPI
2024 26 APR	£205,000	£251,677	19% below HPI

THE ORCHARD 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 ORCHARD sales from April 2024 and May 2024 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 April 2024 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 73m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses by size in Mansfield, and where THE ORCHARD lies on this distribution: 11% of detached houses are smaller than THE ORCHARD, and 88% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

THE ORCHARD is located on HARLOW AVENUE in MANSFIELD, in the NG18 postcode district. The below map shows the position of THE ORCHARD on HARLOW AVENUE.