42, SOMERSALL STREET, MANSFIELD, NG19 6EP - £54,000

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.

42 SOMERSALL STREET is a very small terraced house of 65m², built sometime between 1900 and 1929, which could now be worth an estimated £78,286. It was last sold for £54,000 in October 2018, which was around 44% below the average October 2018 terraced price in the Mansfield local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

42 SOMERSALL STREET Sold Prices

Land registry data shows four sales for 42 SOMERSALL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mansfield local authority area for the corresponding sale date. All of the four 42 SOMERSALL 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
2018 30 OCT	£54,000	£95,963	44% below HPI
2016 12 OCT	£56,000	£85,730	35% below HPI
2006 3 FEB	£55,000	£80,131	31% below HPI
2004 16 JUL	£64,000	£68,588	7% below HPI

42 SOMERSALL STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mansfield local authority area over time, sourced from the HPI. The four 42 SOMERSALL STREET sales between July 2004 and October 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 October 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 42 SOMERSALL STREET be worth now?

42 SOMERSALL STREET might now be worth an estimated £78,286.

This is based on house price inflation of 45%, between October 2018 and July 2025, for terraced 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 45% inflationary increase is applied to the most recent sale price for 42 SOMERSALL STREET of £54,000 on 30th October 2018. For the value to have increased from £54,000 to £78,286 over the seven years and three months to July 2025, the following assumptions must hold true:

• The value of 42 SOMERSALL STREET has moved in line with the HPI for terraced houses in the Mansfield local authority area.
• The October 2018 sale price of £54,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SOMERSALL STREET has not materially changed since October 2018.

How Large is 42 SOMERSALL STREET?

42 SOMERSALL STREET is 65m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of terraced houses houses in Mansfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mansfield, and where 42 SOMERSALL STREET lies on this distribution: 6% of terraced houses houses are smaller than 42 SOMERSALL STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

42 SOMERSALL STREET: Plot and Title Map

42 SOMERSALL STREET sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 42 SOMERSALL 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 42 SOMERSALL 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 42 SOMERSALL STREET?

42 SOMERSALL STREET is located in MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 42 on SOMERSALL STREET.