12, JOHN BARROW CLOSE, RAINWORTH, MANSFIELD, NG21 0GD - £220,000

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.

12 JOHN BARROW CLOSE is a small extended detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £224,529. It was last sold for £220,000 in October 2022, which was around 37% below the average October 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

12 JOHN BARROW CLOSE Sold Prices

Land registry data shows two sales for 12 JOHN BARROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 12 JOHN BARROW 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
2022 14 OCT	£220,000	£347,935	37% below HPI
2002 3 SEP	£84,950	£146,950	42% below HPI

12 JOHN BARROW 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 two 12 JOHN BARROW CLOSE sales from September 2002 and October 2022 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 September 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 12 JOHN BARROW CLOSE be worth now?

12 JOHN BARROW CLOSE might now be worth an estimated £224,529.

This is based on house price inflation of 2.1%, between October 2022 and March 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 2.1% inflationary increase is applied to the most recent sale price for 12 JOHN BARROW CLOSE of £220,000 on 14th October 2022. For the value to have increased from £220,000 to £224,529 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 12 JOHN BARROW CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 12 JOHN BARROW CLOSE has not materially changed since October 2022.

How Large is 12 JOHN BARROW CLOSE?

12 JOHN BARROW CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% 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 12 JOHN BARROW CLOSE lies on this distribution: 24% of detached houses houses are smaller than 12 JOHN BARROW CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

12 JOHN BARROW CLOSE: Plot and Title Map

12 JOHN BARROW CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 JOHN BARROW 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 12 JOHN BARROW 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 12 JOHN BARROW CLOSE?

12 JOHN BARROW CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 12 on JOHN BARROW CLOSE.