14, WEBSTER CLOSE, RAINWORTH, MANSFIELD, NG21 0FS - £180,000

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.

14 WEBSTER CLOSE is a small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £226,570. It was last sold for £180,000 in May 2020, which was around 36% below the average May 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

14 WEBSTER CLOSE Sold Prices

Land registry data shows three sales for 14 WEBSTER 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 WEBSTER 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
2020 28 MAY	£180,000	£279,643	36% below HPI
2015 13 NOV	£133,000	£247,102	46% below HPI
2014 17 OCT	£130,000	£232,896	44% below HPI

14 WEBSTER 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 WEBSTER CLOSE sales between October 2014 and May 2020 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 November 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 14 WEBSTER CLOSE be worth now?

14 WEBSTER CLOSE might now be worth an estimated £226,570.

This is based on house price inflation of 25.9%, between May 2020 and February 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 25.9% inflationary increase is applied to the most recent sale price for 14 WEBSTER CLOSE of £180,000 on 28th May 2020. For the value to have increased from £180,000 to £226,570 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 14 WEBSTER CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WEBSTER CLOSE has not materially changed since May 2020.

How Large is 14 WEBSTER CLOSE?

14 WEBSTER CLOSE is 71m² according to the EPC inspection conducted in February 2014. 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 14 WEBSTER CLOSE lies on this distribution: 22% of detached houses houses are smaller than 14 WEBSTER CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

14 WEBSTER CLOSE: Plot and Title Map

14 WEBSTER CLOSE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 14 WEBSTER 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 WEBSTER 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 WEBSTER CLOSE?

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