1, EMERALD GROVE, RAINWORTH, MANSFIELD, NG21 0GG - £140,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 EMERALD GROVE is a small extended detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £174,338. It was last sold for £140,000 in June 2020, which was around 50% below the average June 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

1 EMERALD GROVE Sold Prices

Land registry data shows five sales for 1 EMERALD GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 1 EMERALD GROVE sales were for below 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
2020 26 JUN	£140,000	£282,663	50% below HPI
2004 1 OCT	£113,000	£202,466	44% below HPI
2003 22 AUG	£92,000	£176,567	48% below HPI
1999 24 SEP	£50,000	£93,348	46% below HPI
1997 25 SEP	£46,500	£82,953	44% below HPI

1 EMERALD GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The five 1 EMERALD GROVE sales between September 1997 and June 2020 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 October 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 1 EMERALD GROVE be worth now?

1 EMERALD GROVE might now be worth an estimated £174,338.

This is based on house price inflation of 24.5%, between June 2020 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 1 EMERALD GROVE of £140,000 on 26th June 2020. For the value to have increased from £140,000 to £174,338 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 1 EMERALD GROVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2020 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EMERALD GROVE has not materially changed since June 2020.

How Large is 1 EMERALD GROVE?

1 EMERALD GROVE is 81m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainworth, and where 1 EMERALD GROVE lies on this distribution: 33% of detached houses houses are smaller than 1 EMERALD GROVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

1 EMERALD GROVE: Plot and Title Map

1 EMERALD GROVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 1 EMERALD GROVE, 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 1 EMERALD GROVE). 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 1 EMERALD GROVE?

1 EMERALD GROVE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 1 on EMERALD GROVE.