14, CROWN CLOSE, RAINWORTH, MANSFIELD, NG21 0FE - £120,000

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

14 CROWN CLOSE is a small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £120,000 in June 2008, which was around 45% below the average June 2008 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

14 CROWN CLOSE Sold Prices

Land registry data shows three sales for 14 CROWN 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 14 CROWN 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
2008 27 JUN	£120,000	£218,442	45% below HPI
2003 17 JUN	£88,000	£165,839	47% below HPI
2001 3 OCT	£52,000	£111,058	53% below HPI

14 CROWN 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 14 CROWN CLOSE sales between October 2001 and June 2008 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 June 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2008 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 14 CROWN CLOSE?

14 CROWN CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 14 CROWN CLOSE lies on this distribution: 29% of detached houses are smaller than 14 CROWN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

14 CROWN CLOSE: Plot and Title Map

14 CROWN CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 14 CROWN 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 14 CROWN 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 14 CROWN CLOSE?

14 CROWN CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 14 on CROWN CLOSE.