15, COLBY CLOSE, FOREST TOWN, MANSFIELD, NG19 0LS - £118,000

15 COLBY CLOSE is a small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £118,000 in February 2008, which was around 28% below the average February 2008 detached price in the Mansfield local authority area. The most recent EPC inspection was December 2023, where the current energy rating was A, and the potential energy rating was A.

15 COLBY CLOSE Sold Prices

Land registry data shows five sales for 15 COLBY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the five 15 COLBY 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
2008 29 FEB	£118,000	£164,260	28% below HPI
2007 15 AUG	£100,000	£161,349	38% below HPI
2007 7 MAR	£114,500	£152,861	25% below HPI
2003 31 OCT	£105,000	£119,318	12% below HPI
2000 31 MAY	£51,500	£65,045	21% below HPI

15 COLBY 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 five 15 COLBY CLOSE sales between May 2000 and February 2008 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2008 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 COLBY CLOSE?

15 COLBY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 40% 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 COLBY CLOSE lies on this distribution: 37% of detached houses are smaller than 15 COLBY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

15 COLBY CLOSE: Plot and Title Map

15 COLBY CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 15 COLBY 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 COLBY 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 COLBY CLOSE?

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