THE BIRCHES, NEWLANDS ROAD, FOREST TOWN, MANSFIELD, NG19 0HX - £245,000

THE BIRCHES is a very large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £245,000 in January 2016, which was around 48% above the average January 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

THE BIRCHES Sold Prices

Land registry data shows two sales for THE BIRCHES 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 THE BIRCHES 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
2016 14 JAN	£245,000	£165,334	48% above HPI
2002 26 APR	£132,000	£77,496	70% above HPI

THE BIRCHES 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 THE BIRCHES sales from April 2002 and January 2016 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 April 2002 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the January 2016 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE BIRCHES?

THE BIRCHES is 132m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% 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 THE BIRCHES lies on this distribution: 83% of detached houses are smaller than THE BIRCHES, and 16% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

THE BIRCHES: Plot and Title Map

THE BIRCHES sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of THE BIRCHES, 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 THE BIRCHES). 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 THE BIRCHES?

THE BIRCHES is located on NEWLANDS ROAD in FOREST TOWN, in the NG19 postcode district. The below map shows the position of THE BIRCHES on NEWLANDS ROAD.