11, PEARL CLOSE, RAINWORTH, MANSFIELD, NG21 0GF - £158,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 PEARL CLOSE is a large extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £158,500 in October 2013, which was around 22% below the average October 2013 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

11 PEARL CLOSE Sold Prices

Land registry data shows three sales for 11 PEARL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 11 PEARL CLOSE 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
2013 4 OCT	£158,500	£202,526	22% below HPI
2001 23 FEB	£81,000	£97,421	17% below HPI
1996 12 NOV	£64,995	£72,490	10% below HPI

11 PEARL CLOSE 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 three 11 PEARL CLOSE sales between November 1996 and October 2013 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 February 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 11 PEARL CLOSE?

11 PEARL CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 11 PEARL CLOSE lies on this distribution: 70% of detached houses are smaller than 11 PEARL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

11 PEARL CLOSE: Plot and Title Map

11 PEARL CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 11 PEARL CLOSE, 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 11 PEARL CLOSE). 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 11 PEARL CLOSE?

11 PEARL CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 11 on PEARL CLOSE.