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According to the public record, 17, Penny Way, Mansfield is a modern freehold house with 1,334 ft2 of internal area and sits on a 642 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 17, Penny Way, Mansfield is £335,788 and the estimated rental value is £1,424 per month.
Penny Way, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
17, Penny Way, Mansfield has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 17, Penny Way, Mansfield is in very good condition we estimate a sale value of £352,577 and a rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,283 and a rental value of £1,324 per month.
Over the past 12 months, the estimated sale value of 17, Penny Way, Mansfield has fallen by £12,523 (3.7%), while its estimated rental value has moved up by £14 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 5.1%.
According to data from HM Land Registry, 17, Penny Way, Mansfield sits on a plot of 642 m2.
We have plot size data on 12 out of 12 other houses in the postcode and 17, Penny Way, Mansfield sits on the largest plot.
17, Penny Way, Mansfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 17, Penny Way, Mansfield was last sold on 25th June 2021 for £304,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped by 18.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Penny Way, Mansfield within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Shilling Road, Mansfield, NG18 6AF, a freehold house which sold for £334,995 on the 25th June 2021.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penny Way, Mansfield, NG18 has a total of 12 addresses. According to our analysis of all the public data, 17, Penny Way, Mansfield is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in NG18.
The closest station to 17, Penny Way, Mansfield is Mansfield station, which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Penny Way, Mansfield, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 17, Penny Way, Mansfield, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 17, Penny Way, Mansfield, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 17, Penny Way, Mansfield, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.