16, THE SHIRES, FOREST TOWN, MANSFIELD, NG19 0QL - £122,000

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 THE SHIRES is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £194,482. It was last sold for £122,000 in December 2007, which was around 28% below the average December 2007 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

16 THE SHIRES Sold Prices

Land registry data shows four sales for 16 THE SHIRES 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 THE SHIRES 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
2007 6 DEC	£122,000	£170,584	28% below HPI
2003 9 JUN	£91,950	£110,950	17% below HPI
2000 30 AUG	£51,000	£65,927	23% below HPI
1997 29 AUG	£46,500	£56,101	17% below HPI

16 THE SHIRES 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 THE SHIRES sales between August 1997 and December 2007 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 June 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2007 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 THE SHIRES be worth now?

16 THE SHIRES might now be worth an estimated £194,482.

This is based on house price inflation of 59.4%, between December 2007 and June 2025, for 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 59.4% inflationary increase is applied to the most recent sale price for 16 THE SHIRES of £122,000 on 6th December 2007. For the value to have increased from £122,000 to £194,482 over the eighteen years and six months to June 2025, the following assumptions must hold true:

• The value of 16 THE SHIRES has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The December 2007 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE SHIRES has not materially changed since December 2007.

How Large is 16 THE SHIRES?

16 THE SHIRES is 71m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forest Town, and where 16 THE SHIRES lies on this distribution: 19% of detached houses houses are smaller than 16 THE SHIRES, and 80% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

16 THE SHIRES: Plot and Title Map

16 THE SHIRES sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 16 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

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