12, THE SHIRES, FOREST TOWN, MANSFIELD, NG19 0QL - £167,500

12 THE SHIRES is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £167,500 in July 2021, which was around 26% below the average July 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12 THE SHIRES Sold Prices

Land registry data shows three sales for 12 THE SHIRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 12 THE SHIRES 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
2021 30 JUL	£167,500	£225,142	26% below HPI
2019 19 JUL	£140,000	£196,350	29% below HPI
2017 27 JUL	£105,000	£181,523	42% below HPI

12 THE SHIRES 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 three 12 THE SHIRES sales between July 2017 and July 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 July 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 THE SHIRES?

12 THE SHIRES is 69m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 12 THE SHIRES lies on this distribution: 17% of detached houses are smaller than 12 THE SHIRES, and 82% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

12 THE SHIRES: Plot and Title Map

12 THE SHIRES sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 12 THE SHIRES, 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 12 THE SHIRES). 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 12 THE SHIRES?

12 THE SHIRES is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 12 on THE SHIRES.