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According to the public record, 8, Paddock Close, Mansfield is a modern freehold house with 2,088 ft2 of internal area and sits on a 541 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Paddock Close, Mansfield is £540,506 and the estimated rental value is £2,261 per month.
Paddock Close, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
8, Paddock Close, Mansfield has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Paddock Close, Mansfield is in very good condition we estimate a sale value of £567,532 and a rental value of £2,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,671 and a rental value of £2,103 per month.
Over the last 12 months the sale value of 8 Paddock Close Mansfield has decreased by an estimated £12,565 (2.3%) and its rental value has increased by an estimated £18 per month (0.8%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 8, Paddock Close, Mansfield sits on a plot of 541m2.
We have plot size data on 22 out of 22 other houses in the postcode and 8, Paddock Close, Mansfield sits on the 11th largest plot.
8, Paddock Close, Mansfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Paddock Close, Mansfield was last sold on 16th December 2020 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has dropped 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Paddock Close, Mansfield within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 7, Mayflower Court, Mansfield, NG18 5AY, a freehold house which sold for £600,000 on the 3rd June 2024.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Close, Mansfield, NG18 has a total of 22 addresses. According to our analysis of all the public data, 8, Paddock Close, Mansfield is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £341k more expensive than the average property in NG18.
The closest station to 8, Paddock Close, Mansfield is Mansfield station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 8, Paddock Close, Mansfield, 50.0% of property is privately owned with a mortgage and 44.8% is privately owned outright.
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 8, Paddock Close, Mansfield, 22.3% of residents are recorded as possessing school level qualifications and 42.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Paddock Close, Mansfield, the average age was 42.6 and the most common age was 52.
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 8, Paddock Close, Mansfield, 0.7% 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 8, Paddock Close, Mansfield, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.