27, PROSPECT STREET, MANSFIELD, NG18 2JJ - £114,000

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.

27 PROSPECT STREET is a very small semi-detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £160,408. It was last sold for £114,000 in July 2019, which was around 11% below the average July 2019 semi-detached price in the Mansfield local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

27 PROSPECT STREET Sold Prices

Land registry data shows three sales for 27 PROSPECT STREET 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. All of the three 27 PROSPECT STREET 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
2019 11 JUL	£114,000	£127,465	11% below HPI
2002 22 JAN	£33,000	£43,781	25% below HPI
1998 28 AUG	£23,500	£36,360	35% below HPI

27 PROSPECT STREET 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 27 PROSPECT STREET sales between August 1998 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 January 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 27 PROSPECT STREET be worth now?

27 PROSPECT STREET might now be worth an estimated £160,408.

This is based on house price inflation of 40.7%, between July 2019 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 40.7% inflationary increase is applied to the most recent sale price for 27 PROSPECT STREET of £114,000 on 11th July 2019. For the value to have increased from £114,000 to £160,408 over the six years to July 2025, the following assumptions must hold true:

• The value of 27 PROSPECT STREET has moved in line with the HPI for semi-detached houses in the Mansfield local authority area.
• The July 2019 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PROSPECT STREET has not materially changed since July 2019.

How Large is 27 PROSPECT STREET?

27 PROSPECT STREET is 72m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of semi-detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mansfield, and where 27 PROSPECT STREET lies on this distribution: 10% of semi-detached houses houses are smaller than 27 PROSPECT STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

27 PROSPECT STREET: Plot and Title Map

27 PROSPECT STREET sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 27 PROSPECT STREET, 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 27 PROSPECT STREET). 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 27 PROSPECT STREET?

27 PROSPECT STREET is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 27 on PROSPECT STREET.