2, SHETLAND CLOSE, FOREST TOWN, MANSFIELD, NG19 0QW - £240,000

2 SHETLAND CLOSE is a large detached house of 126m², built sometime between 1991 and 1995. It was last sold for £240,000 in July 2019, which was around 22% above the average July 2019 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.

2 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 2 SHETLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 2 SHETLAND CLOSE sales were for above 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
2019 5 JUL	£240,000	£196,350	22% above HPI
2013 8 MAR	£182,500	£140,598	30% above HPI
2000 28 APR	£86,000	£62,707	37% above HPI

2 SHETLAND 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 three 2 SHETLAND CLOSE sales between April 2000 and July 2019 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 March 2013 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 SHETLAND CLOSE?

2 SHETLAND CLOSE is 126m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 2 SHETLAND CLOSE lies on this distribution: 79% of detached houses are smaller than 2 SHETLAND CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

2 SHETLAND CLOSE: Plot and Title Map

2 SHETLAND CLOSE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 2 SHETLAND 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 2 SHETLAND 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 2 SHETLAND CLOSE?

2 SHETLAND CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 2 on SHETLAND CLOSE.