5, CARDLE CLOSE, FOREST TOWN, MANSFIELD, NG19 0PU - £141,000

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.

5 CARDLE CLOSE is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £196,163. It was last sold for £141,000 in April 2019, which was around 28% below the average April 2019 detached price in the Mansfield local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

5 CARDLE CLOSE Sold Prices

Land registry data shows two sales for 5 CARDLE CLOSE 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 5 CARDLE CLOSE 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 12 APR	£141,000	£195,461	28% below HPI
2014 22 AUG	£100,000	£161,803	38% below HPI

5 CARDLE CLOSE 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 5 CARDLE CLOSE sales from August 2014 and April 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 August 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 CARDLE CLOSE be worth now?

5 CARDLE CLOSE might now be worth an estimated £196,163.

This is based on house price inflation of 39.1%, between April 2019 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 39.1% inflationary increase is applied to the most recent sale price for 5 CARDLE CLOSE of £141,000 on 12th April 2019. For the value to have increased from £141,000 to £196,163 over the five years and ten months to June 2025, the following assumptions must hold true:

• The value of 5 CARDLE CLOSE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The April 2019 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CARDLE CLOSE has not materially changed since April 2019.

How Large is 5 CARDLE CLOSE?

5 CARDLE CLOSE is 56m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forest Town, and where 5 CARDLE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 5 CARDLE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

5 CARDLE CLOSE: Plot and Title Map

5 CARDLE CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 5 CARDLE CLOSE, 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 5 CARDLE CLOSE). 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 5 CARDLE CLOSE?

5 CARDLE CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 5 on CARDLE CLOSE.