15, ALDER CLOSE, FOREST TOWN, MANSFIELD, NG19 0NQ - £138,000

15 ALDER CLOSE is a small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £138,000 in April 2017, which was around 21% below the average April 2017 detached price in the Mansfield local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was C.

15 ALDER CLOSE Sold Prices

Land registry data shows three sales for 15 ALDER CLOSE 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 15 ALDER CLOSE 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
2017 28 APR	£138,000	£174,489	21% below HPI
2016 17 MAR	£129,950	£166,163	22% below HPI
2013 4 JAN	£85,000	£141,274	40% below HPI

15 ALDER CLOSE 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 15 ALDER CLOSE sales between January 2013 and April 2017 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 March 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 ALDER CLOSE?

15 ALDER CLOSE is 80m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 30% 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 15 ALDER CLOSE lies on this distribution: 30% of detached houses are smaller than 15 ALDER CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

15 ALDER CLOSE: Plot and Title Map

15 ALDER CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 15 ALDER CLOSE, 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 15 ALDER CLOSE). 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 15 ALDER CLOSE?

15 ALDER CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 15 on ALDER CLOSE.