16, OLD MILL LANE, FOREST TOWN, MANSFIELD, NG19 0EP - £176,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 OLD MILL LANE is a very small extended semi-detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £196,891. It was last sold for £176,000 in April 2022, which was around 10% above the average April 2022 semi-detached price in the Mansfield local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

16 OLD MILL LANE Sold Prices

Land registry data shows three sales for 16 OLD MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mansfield local authority area for the corresponding sale date. Two of the three 16 OLD MILL LANE sales were for above the average price, whilst one was 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
2022 29 APR	£176,000	£160,324	10% above HPI
2000 13 NOV	£45,000	£37,696	19% above HPI
1999 23 JUL	£35,000	£37,947	8% below HPI

16 OLD MILL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mansfield local authority area over time, sourced from the HPI. The three 16 OLD MILL LANE sales between July 1999 and April 2022 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 November 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 OLD MILL LANE be worth now?

16 OLD MILL LANE might now be worth an estimated £196,891.

This is based on house price inflation of 11.9%, between April 2022 and July 2025, for semi-detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% inflationary increase is applied to the most recent sale price for 16 OLD MILL LANE of £176,000 on 29th April 2022. For the value to have increased from £176,000 to £196,891 over the two years and nine months to July 2025, the following assumptions must hold true:

• The value of 16 OLD MILL LANE has moved in line with the HPI for semi-detached houses in the Mansfield local authority area.
• The April 2022 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OLD MILL LANE has not materially changed since April 2022.

How Large is 16 OLD MILL LANE?

16 OLD MILL LANE is 71m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of semi-detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Forest Town, and where 16 OLD MILL LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 16 OLD MILL LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

16 OLD MILL LANE: Plot and Title Map

16 OLD MILL LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 16 OLD MILL LANE, 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 OLD MILL LANE). 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 OLD MILL LANE?

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