16, PALACE GARDENS, CLIPSTONE VILLAGE, MANSFIELD, NG21 9FY - £185,000

16 PALACE GARDENS is a very small detached house of 87m². It was last sold for £185,000 in June 2021, which was around 39% below the average June 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

16 PALACE GARDENS Sold Prices

Land registry data shows two sales for 16 PALACE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 16 PALACE GARDENS 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 11 JUN	£185,000	£304,245	39% below HPI
2015 18 DEC	£159,995	£238,450	33% below HPI

16 PALACE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 16 PALACE GARDENS sales from December 2015 and June 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 December 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 PALACE GARDENS?

16 PALACE GARDENS is 87m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Clipstone, based on EPC data. The below chart shows the distribution of detached houses by size in Clipstone, and where 16 PALACE GARDENS lies on this distribution: 9% of detached houses are smaller than 16 PALACE GARDENS, and 90% of houses are larger. Note that EPC data is not available for all properties in Clipstone.

16 PALACE GARDENS: Plot and Title Map

16 PALACE GARDENS sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 16 PALACE GARDENS, 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 PALACE GARDENS). 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 PALACE GARDENS?

16 PALACE GARDENS is located in CLIPSTONE VILLAGE, in the NG21 postcode district. The below map shows the position of No. 16 on PALACE GARDENS.