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House Prices in NG20

The average house price in NG20 (Mansfield) is £171,875 using HM Land Registry data.

The average property price increased by £53,724 (46.93%) over the last 5 years and increased by £10,740 (6.21%) over the last 12 months.

Over the last year, there were 232 residential property sales – a decrease of 120 transactions (-51.72%) relative to the previous year. The majority of house sales (78) were in the £130,000 - £160,000 range. Then came properties in the £100,000 - £130,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,143 (-2%).

In June 2024, there were 73 new estate agency instructions, 48 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in NG20 (Mansfield)

46.93%

Property prices in Mansfield increased by 46.93% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NG20 (Mansfield) Over the Last Year

6.21%

Property prices in Mansfield increased by 6.21% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NG20 (Mansfield) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NG20 (Mansfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NG20 (Mansfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NG20 (Mansfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NG20 (Mansfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG20 postcode area since 1995.

Recent Sales in NG20 (Mansfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
34 Alder Close, Shirebrook, Mansfield, Derbyshire, NG20 8QD	£75,000	£73,000	-£2,000	13 Oct 2023	08 Apr 2024	178 Days
6 Barn Owl Close, Church Warsop, Mansfield, Nottinghamshire, NG20 0SH	£390,000	£380,000	-£10,000	08 Jan 2024	18 Mar 2024	70 Days
8 Highcliffe Avenue, Shirebrook, Mansfield, Derbyshire, NG20 8NB	£160,000	£160,000	£00	13 Sep 2023	08 Mar 2024	177 Days
126 Alder Way, Shirebrook, Mansfield, Derbyshire, NG20 8PZ	£150,000	£150,000	£00	14 Nov 2023	01 Mar 2024	108 Days
26 Ash Grove, Shirebrook, Mansfield, Derbyshire, NG20 8QA	£166,500	£165,000	-£1,500	13 Nov 2023	29 Feb 2024	108 Days
29 Fell Wilson Street, Warsop, Mansfield, Nottinghamshire, NG20 0PT	£150,000	£150,000	£00	24 Oct 2023	14 Feb 2024	113 Days
5 Coggins Lane, Church Warsop, Mansfield, Nottinghamshire, NG20 0RP	£180,000	£175,000	-£5,000	23 May 2023	14 Feb 2024	267 Days
29 Greendale Close, Warsop, Mansfield, Nottinghamshire, NG20 0EB	£189,000	£182,000	-£7,000	25 Jul 2023	12 Feb 2024	202 Days
131 Robin Hood Avenue, Warsop, Mansfield, Nottinghamshire, NG20 0JB	£200,000	£195,000	-£5,000	28 Sep 2023	09 Feb 2024	134 Days
Brookside Cottage, Queens Walk, Nether Langwith, Mansfield, Nottinghamshire, NG20 9EW	£300,000	£285,000	-£15,000	02 Aug 2023	05 Feb 2024	187 Days
29 Hartington Street, Langwith, Mansfield, Derbyshire, NG20 9DT	£130,000	£127,000	-£3,000	15 Sep 2023	25 Jan 2024	132 Days
32 Fairfield Close, Nether Langwith, Mansfield, Nottinghamshire, NG20 9EP	£120,000	£110,000	-£10,000	31 Oct 2023	24 Jan 2024	85 Days
35 South Avenue, Shirebrook, Mansfield, Derbyshire, NG20 8RS	£120,000	£115,000	-£5,000	16 Aug 2023	19 Jan 2024	156 Days
35 Carter Lane, Shirebrook, Mansfield, Derbyshire, NG20 8PW	£140,000	£140,000	£00	26 Jul 2023	04 Jan 2024	162 Days
2 Lime Acres, Nether Langwith, Mansfield, Nottinghamshire, NG20 9EQ	£200,000	£200,000	£00	09 Aug 2023	20 Dec 2023	133 Days
77 Field Drive, Shirebrook, Mansfield, Derbyshire, NG20 8BT	£65,000	£65,000	£00	10 Jul 2023	15 Dec 2023	158 Days
55 Alder Way, Shirebrook, Mansfield, Derbyshire, NG20 8PS	£170,000	£170,000	£00	04 Oct 2023	15 Dec 2023	72 Days
55 Hammerwater Drive, Warsop, Mansfield, Nottinghamshire, NG20 0DL	£140,000	£140,000	£00	29 Jun 2023	15 Dec 2023	169 Days
202 Mansfield Road, Warsop, Mansfield, Nottinghamshire, NG20 0DG	£180,000	£176,000	-£4,000	04 Apr 2023	14 Dec 2023	254 Days
4 Ridgeway, Langwith Junction, Mansfield, Derbyshire, NG20 9RT	£130,000	£125,000	-£5,000	19 Jul 2023	11 Dec 2023	145 Days

Most Expensive Streets in NG20 (Mansfield)

Postcode	Street	Area	Average	No. of Sales
NG20 9EX	Welfitt Grove, Nether Langwith	Mansfield	£369,375	4
NG20 0SQ	Bishops Meadows, Church Warsop	Mansfield	£357,338	16
NG20 0RH	Manor Road, Church Warsop	Mansfield	£323,500	3
NG20 9FA	Stone Grove, Nether Langwith	Mansfield	£316,250	3
NG20 0SH	Barn Owl Close, Church Warsop	Mansfield	£277,805	10
NG20 0EH	Spion Park Mews, Spion Kop	Mansfield	£273,571	7
NG20 0QZ	Southgate Road, Warsop	Mansfield	£260,166	6
NG20 0RT	Tissington Avenue, Church Warsop	Mansfield	£258,083	6
NG20 0HG	Sherwood Street, Warsop	Mansfield	£253,888	9
NG20 9EW	Queens Walk, Nether Langwith	Mansfield	£246,666	3

Least Expensive Streets in NG20 (Mansfield)

Postcode	Street	Area	Average	No. of Sales
NG20 8AR	Orwin House, Central Drive	Mansfield	£54,500	4
NG20 0NJ	Vickers Street, Warsop	Mansfield	£63,000	5
NG20 8BB	York Road, Shirebrook	Mansfield	£63,400	5
NG20 8RG	Recreation Drive, Shirebrook	Mansfield	£67,333	6
NG20 0ND	Bainbridge Road, Warsop	Mansfield	£67,333	3
NG20 8BU	Wood Lane, Shirebrook	Mansfield	£67,625	4
NG20 0NH	Fenwick Street, Warsop	Mansfield	£73,000	3
NG20 0NQ	Longden Terrace, Warsop	Mansfield	£74,574	7
NG20 8BT	Field Drive, Shirebrook	Mansfield	£75,600	5
NG20 8BH	Prospect Drive, Shirebrook	Mansfield	£76,833	6