16, COLBY CLOSE, FOREST TOWN, MANSFIELD, NG19 0LS - £141,000

16 COLBY CLOSE is a midsized extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £141,000 in May 2016, which was around 17% below the average May 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

16 COLBY CLOSE Sold Prices

Land registry data shows four sales for 16 COLBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the four 16 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
2016 13 MAY	£141,000	£170,070	17% below HPI
2006 21 DEC	£126,000	£156,788	20% below HPI
2002 11 OCT	£69,950	£91,366	23% below HPI
1996 23 AUG	£48,000	£54,204	11% below HPI

16 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 four 16 COLBY CLOSE sales between August 1996 and May 2016 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 COLBY CLOSE?

16 COLBY CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% 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 16 COLBY CLOSE lies on this distribution: 44% of detached houses are smaller than 16 COLBY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

16 COLBY CLOSE: Plot and Title Map

16 COLBY CLOSE sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 16 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 16 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 16 COLBY CLOSE?

16 COLBY CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 16 on COLBY CLOSE.