12, OPAL CLOSE, RAINWORTH, MANSFIELD, NG21 0FA - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 OPAL CLOSE is a midsized extended semi-detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £290,761. It was last sold for £275,000 in December 2023, which was around 38% above the average December 2023 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

12 OPAL CLOSE Sold Prices

Land registry data shows two sales for 12 OPAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 12 OPAL CLOSE sales were for above 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
2023 8 DEC	£275,000	£198,808	38% above HPI
1996 30 MAY	£66,995	£42,055	59% above HPI

12 OPAL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 12 OPAL CLOSE sales from May 1996 and December 2023 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 May 1996 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 12 OPAL CLOSE be worth now?

12 OPAL CLOSE might now be worth an estimated £290,761.

This is based on house price inflation of 5.7%, between December 2023 and December 2024, for semi-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 5.7% inflationary increase is applied to the most recent sale price for 12 OPAL CLOSE of £275,000 on 8th December 2023. For the value to have increased from £275,000 to £290,761 over the one year to December 2024, the following assumptions must hold true:

• The value of 12 OPAL CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The December 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OPAL CLOSE has not materially changed since December 2023.

How Large is 12 OPAL CLOSE?

12 OPAL CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of semi-detached houses houses in Rainworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rainworth, and where 12 OPAL CLOSE lies on this distribution: 50% of semi-detached houses houses are smaller than 12 OPAL CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

12 OPAL CLOSE: Plot and Title Map

12 OPAL CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 12 OPAL 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 OPAL 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 OPAL CLOSE?

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