15, THE GRASSLANDS, RAINWORTH, MANSFIELD, NG21 0NP - £194,000

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

15 THE GRASSLANDS is a midsized detached house of 94m², built sometime from 2007 onwards. It was last sold for £194,000 in October 2018, which was around 30% below the average October 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

15 THE GRASSLANDS Sold Prices

Land registry data shows two sales for 15 THE GRASSLANDS 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 15 THE GRASSLANDS 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
2018 26 OCT	£194,000	£276,728	30% below HPI
2012 26 SEP	£160,000	£211,940	25% below HPI

15 THE GRASSLANDS 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 15 THE GRASSLANDS sales from September 2012 and October 2018 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 THE GRASSLANDS?

15 THE GRASSLANDS is 94m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 15 THE GRASSLANDS lies on this distribution: 54% of detached houses are smaller than 15 THE GRASSLANDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

15 THE GRASSLANDS: Plot and Title Map

15 THE GRASSLANDS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 THE GRASSLANDS, 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 15 THE GRASSLANDS). 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 15 THE GRASSLANDS?

15 THE GRASSLANDS is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 15 on THE GRASSLANDS.