Mansfield Property Market Overview
North Nottinghamshire town with former coalfield regeneration and affordable development land
The Mansfield property market recorded 1,153 residential sales over the past 12 months, with a median sale price of £175,000. This places Mansfield £35k below the Nottinghamshire county median of £210,000, and £110k below the UK national median of £285,000.
Prices in Mansfield have shown a moderate decline, with a year-on-year change of -2.8%. Within Nottinghamshire, Mansfield ranks 6th by price out of 6 principal towns, and 4th by transaction volume.
Mansfield House Prices by Property Type
Property prices in Mansfield vary significantly by type. The table below compares Mansfield prices with Nottinghamshire county averages and UK national figures.
| Type | Mansfield | Nottinghamshire Avg | UK Avg |
|---|---|---|---|
| Detached | £275,000 | £324,500 | £420,000 |
| Semi-detached | £170,000 | £188,647 | £265,000 |
| Terraced | £120,000 | £151,500 | £230,000 |
| Flat | £103,000 | £107,500 | £225,000 |
Detached homes in Mansfield command £275,000, while flat properties are most accessible at £103,000. The £172k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
New Build Homes in Mansfield
Mansfield recorded 31 new-build transactions in the past 12 months, representing 2.7% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.
New-build properties in Mansfield traded at a premium of 36.8% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Nottinghamshire market, 284 new-build completions were recorded — see our Nottinghamshire property market report for the full county picture.
Recent Property Sales in Mansfield
The following table shows the most recent property transactions recorded in Mansfield, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £85,000 | Flat | NG18 5PB | 2026-02-23 | Existing |
| £175,000 | Semi-detached | NG18 4EQ | 2026-02-23 | Existing |
| £315,000 | Detached | NG19 0QZ | 2026-02-20 | Existing |
| £300,000 | Detached | NG19 8RX | 2026-02-20 | Existing |
| £208,000 | Detached | NG19 0NW | 2026-02-20 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £85,000 to £315,000 illustrates the breadth of the Mansfield market.
Development Finance in Mansfield
For developers considering Mansfield, the local market data translates directly into finance structuring. With a median value of £175,000 and detached homes at £275,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Mansfield scheme with a GDV of £275,000 would attract senior debt of approximately £178,750 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 2.8% year-on-year, experienced developers can still generate strong returns in Mansfield by targeting well-located sites with clear demand drivers.
Ready to develop in Mansfield? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Mansfield Compared to Nearby Nottinghamshire Towns
To put Mansfield's market in context, the table below compares it with similarly-priced towns across Nottinghamshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Mansfield | £175,000 | 1,153 | -2.8% |
| Retford | £190,000 | 408 | -13.6% |
| Worksop | £195,000 | 748 | +2.6% |
| Newark | £225,000 | 1,492 | -2.2% |
| Arnold | £238,000 | 1,324 | -4.7% |
| West Bridgford | £325,000 | 1,412 | -5.2% |
For the full Nottinghamshire town-by-town breakdown, see our comprehensive Nottinghamshire property market report.
Finance Solutions
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From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Mansfield?
The median house price in Mansfield is £175,000, based on 1,153 transactions over the past 12 months. Detached homes average £275,000 while flat properties average £103,000.
Are house prices rising or falling in Mansfield?
House prices in Mansfield are falling at -2.8% year-on-year. This decline may present buying opportunities for investors and developers. The wider Nottinghamshire market is falling at -4.3%.
How many properties sold in Mansfield recently?
Mansfield recorded 1,153 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Mansfield?
Developers in Mansfield can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.