2, AMBER CLOSE, RAINWORTH, MANSFIELD, NG21 0FU - £165,000

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.

2 AMBER CLOSE is a midsized detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £233,971. It was last sold for £165,000 in December 2015, which was around 34% below the average December 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

2 AMBER CLOSE Sold Prices

Land registry data shows three sales for 2 AMBER 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 2 AMBER 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
2015 10 DEC	£165,000	£248,231	34% below HPI
2011 7 JAN	£149,500	£215,077	30% below HPI
2006 17 AUG	£159,995	£220,946	28% below HPI

2 AMBER 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 2 AMBER CLOSE sales between August 2006 and December 2015 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 January 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2 AMBER CLOSE be worth now?

2 AMBER CLOSE might now be worth an estimated £233,971.

This is based on house price inflation of 41.8%, between December 2015 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 41.8% inflationary increase is applied to the most recent sale price for 2 AMBER CLOSE of £165,000 on 10th December 2015. For the value to have increased from £165,000 to £233,971 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 AMBER CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AMBER CLOSE has not materially changed since December 2015.

How Large is 2 AMBER CLOSE?

2 AMBER CLOSE is 95m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% 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 2 AMBER CLOSE lies on this distribution: 57% of detached houses houses are smaller than 2 AMBER CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

2 AMBER CLOSE: Plot and Title Map

2 AMBER CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 AMBER 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 2 AMBER 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 2 AMBER CLOSE?

2 AMBER CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 2 on AMBER CLOSE.