2, LEA VIEW, RAINWORTH, MANSFIELD, NG21 0NH - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LEA VIEW is a large detached house of 100m², built sometime from 2007 onwards, which could now be worth an estimated £278,483. It was last sold for £235,000 in December 2020, which was around 22% below the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2 LEA VIEW Sold Prices

Land registry data shows three sales for 2 LEA VIEW 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 LEA VIEW 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 7 DEC	£235,000	£302,969	22% below HPI
2014 21 MAR	£162,500	£215,560	25% below HPI
2012 29 JUN	£163,000	£198,899	18% below HPI

2 LEA VIEW 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 LEA VIEW sales between June 2012 and December 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 March 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 LEA VIEW be worth now?

2 LEA VIEW might now be worth an estimated £278,483.

This is based on house price inflation of 18.5%, between December 2020 and December 2024, 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 18.5% inflationary increase is applied to the most recent sale price for 2 LEA VIEW of £235,000 on 7th December 2020. For the value to have increased from £235,000 to £278,483 over the four years to December 2024, the following assumptions must hold true:

• The value of 2 LEA VIEW has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEA VIEW has not materially changed since December 2020.

How Large is 2 LEA VIEW?

2 LEA VIEW is 100m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% 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 LEA VIEW lies on this distribution: 62% of detached houses houses are smaller than 2 LEA VIEW, and 36% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

2 LEA VIEW: Plot and Title Map

2 LEA VIEW sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 LEA VIEW, 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 LEA VIEW). 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 LEA VIEW?

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