308, NEW MILL LANE, FOREST TOWN, MANSFIELD, NG19 0HH - £375,000

308 NEW MILL LANE is a very large extended detached house of 176m², built sometime between 2003 and 2006. It was last sold for £375,000 in February 2018, which was around 109% above the average February 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

308 NEW MILL LANE Sold Prices

Land registry data shows two sales for 308 NEW MILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. Both of the two 308 NEW MILL LANE 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
2018 1 FEB	£375,000	£179,140	109% above HPI
1998 25 SEP	£142,450	£59,996	137% above HPI

308 NEW MILL LANE 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 two 308 NEW MILL LANE sales from September 1998 and February 2018 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 September 1998 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the February 2018 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 308 NEW MILL LANE?

308 NEW MILL LANE is 176m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 308 NEW MILL LANE lies on this distribution: 96% of detached houses are smaller than 308 NEW MILL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

308 NEW MILL LANE: Plot and Title Map

308 NEW MILL LANE sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of 308 NEW MILL LANE, 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 308 NEW MILL LANE). 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 308 NEW MILL LANE?

308 NEW MILL LANE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 308 on NEW MILL LANE.