THE COTTAGE, NEW MILL LANE, FOREST TOWN, MANSFIELD, NG19 0HH - £89,000

THE COTTAGE is a midsized extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £89,000 in August 2000, which was around 38% above the average August 2000 detached price in the Mansfield local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE COTTAGE 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 COTTAGE 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
2000 25 AUG	£89,000	£64,659	38% above HPI
1998 17 APR	£71,000	£57,106	24% above HPI

THE COTTAGE 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 COTTAGE sales from April 1998 and August 2000 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 1998 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2000 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% 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 COTTAGE lies on this distribution: 41% of detached houses are smaller than THE COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of THE COTTAGE, 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 COTTAGE). 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 COTTAGE?

THE COTTAGE is located on NEW MILL LANE in FOREST TOWN, in the NG19 postcode district. The below map shows the position of THE COTTAGE on NEW MILL LANE.