28, THE RIDINGS, FOREST TOWN, MANSFIELD, NG19 0QF - £173,000

28 THE RIDINGS is a very small detached house of 53m², built sometime between 1950 and 1966. It was last sold for £173,000 in May 2023, which was around 32% below the average May 2023 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

28 THE RIDINGS Sold Prices

Land registry data shows three sales for 28 THE RIDINGS 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 28 THE RIDINGS 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
2023 15 MAY	£173,000	£252,912	32% below HPI
2007 6 JUN	£131,950	£155,159	15% below HPI
1998 24 APR	£53,500	£57,106	6% below HPI

28 THE RIDINGS 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 28 THE RIDINGS sales between April 1998 and May 2023 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 28 THE RIDINGS?

28 THE RIDINGS is 53m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 28 THE RIDINGS lies on this distribution: 3% of detached houses are smaller than 28 THE RIDINGS, and 97% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

28 THE RIDINGS: Plot and Title Map

28 THE RIDINGS sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 28 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

28 THE RIDINGS is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 28 on THE RIDINGS.