19, GREEN BANK, RAINWORTH, MANSFIELD, NG21 0FQ - £180,000

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

19 GREEN BANK is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £180,000 in March 2022, which was around 43% below the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

19 GREEN BANK Sold Prices

Land registry data shows three sales for 19 GREEN BANK 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 19 GREEN BANK 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
2022 8 MAR	£180,000	£314,451	43% below HPI
2019 29 NOV	£140,000	£273,519	49% below HPI
1998 27 NOV	£52,000	£86,550	40% below HPI

19 GREEN BANK 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 19 GREEN BANK sales between November 1998 and March 2022 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 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 19 GREEN BANK?

19 GREEN BANK is 58m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 19 GREEN BANK lies on this distribution: 7% of detached houses are smaller than 19 GREEN BANK, and 93% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

19 GREEN BANK: Plot and Title Map

19 GREEN BANK sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 19 GREEN BANK, 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 19 GREEN BANK). 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 19 GREEN BANK?

19 GREEN BANK is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 19 on GREEN BANK.