Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
14 SAPPHIRE CLOSE is a midsized detached house of 97m², built sometime between 1996 and 2002. It was last sold for £223,000 in March 2019, which was around 14% below the average March 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 14 SAPPHIRE CLOSE since 1st 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 14 SAPPHIRE 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 |
---|---|---|---|
2019 22 MAR | £223,000 | £259,979 | 14% below HPI |
2010 28 MAY | £165,000 | £202,004 | 18% below HPI |
2003 14 MAR | £117,000 | £150,729 | 22% below HPI |
1998 11 NOV | £65,000 | £86,550 | 25% below HPI |
1995 27 OCT | £63,495 | £70,060 | 9% below HPI |
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 14 SAPPHIRE CLOSE sales between October 1995 and March 2019 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 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
14 SAPPHIRE CLOSE is 97m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% 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 SAPPHIRE CLOSE lies on this distribution: 59% of detached houses are smaller than 14 SAPPHIRE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Rainworth.
14 SAPPHIRE CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 14 SAPPHIRE 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 SAPPHIRE 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.
14 SAPPHIRE CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 14 on SAPPHIRE CLOSE.