28, RICHMOND DRIVE, MANSFIELD WOODHOUSE, MANSFIELD, NG19 9RU - £125,000

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.

28 RICHMOND DRIVE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £166,379. It was last sold for £125,000 in March 2020, which was around 39% below the average March 2020 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

28 RICHMOND DRIVE Sold Prices

Land registry data shows four sales for 28 RICHMOND DRIVE 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 28 RICHMOND DRIVE 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
2020 16 MAR	£125,000	£204,300	39% below HPI
2004 12 MAY	£99,950	£131,829	24% below HPI
2000 22 AUG	£44,950	£65,927	32% below HPI
1998 3 APR	£42,000	£58,226	28% below HPI

28 RICHMOND DRIVE 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 28 RICHMOND DRIVE sales between April 1998 and March 2020 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 May 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 28 RICHMOND DRIVE be worth now?

28 RICHMOND DRIVE might now be worth an estimated £166,379.

This is based on house price inflation of 33.1%, between March 2020 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 33.1% inflationary increase is applied to the most recent sale price for 28 RICHMOND DRIVE of £125,000 on 16th March 2020. For the value to have increased from £125,000 to £166,379 over the four years and nine months to June 2025, the following assumptions must hold true:

• The value of 28 RICHMOND DRIVE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The March 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RICHMOND DRIVE has not materially changed since March 2020.

How Large is 28 RICHMOND DRIVE?

28 RICHMOND DRIVE is 53m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Mansfield Woodhouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield Woodhouse, and where 28 RICHMOND DRIVE lies on this distribution: 2% of detached houses houses are smaller than 28 RICHMOND DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mansfield Woodhouse.

28 RICHMOND DRIVE: Plot and Title Map

28 RICHMOND DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 28 RICHMOND DRIVE, 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 28 RICHMOND DRIVE). 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 28 RICHMOND DRIVE?

28 RICHMOND DRIVE is located in MANSFIELD WOODHOUSE, in the NG19 postcode district. The below map shows the position of No. 28 on RICHMOND DRIVE.