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 PINE CLOSE is a very large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £261,000 in August 2021, which was around 12% below the average August 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 19 PINE CLOSE since 1st 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 PINE 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 |
---|---|---|---|
2021 27 AUG | £261,000 | £297,040 | 12% below HPI |
2013 1 MAR | £130,000 | £196,819 | 34% below HPI |
2006 29 SEP | £175,000 | £212,171 | 18% 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 three 19 PINE CLOSE sales between September 2006 and August 2021 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 March 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
19 PINE CLOSE is 128m² according to the EPC inspection conducted in March 2011. This puts it in the largest 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 PINE CLOSE lies on this distribution: 91% of detached houses are smaller than 19 PINE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Rainworth.
19 PINE CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 19 PINE 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 19 PINE 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.
19 PINE CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 19 on PINE CLOSE.