2, PASTURE AVENUE, RAINWORTH, MANSFIELD, NG21 0LU - £275,000

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

2 PASTURE AVENUE is a very large detached house of 115m². It was last sold for £275,000 in February 2024, which was around 16% below the average February 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

2 PASTURE AVENUE Sold Prices

Land registry data shows three sales for 2 PASTURE AVENUE 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 PASTURE AVENUE 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
2024 14 FEB	£275,000	£326,488	16% below HPI
2023 31 AUG	£272,000	£333,213	18% below HPI
2014 26 SEP	£210,000	£224,788	7% below HPI

2 PASTURE AVENUE 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 PASTURE AVENUE sales between September 2014 and February 2024 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 August 2023 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 PASTURE AVENUE?

2 PASTURE AVENUE is 115m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 2 PASTURE AVENUE lies on this distribution: 80% of detached houses are smaller than 2 PASTURE AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

2 PASTURE AVENUE: Plot and Title Map

2 PASTURE AVENUE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 2 PASTURE AVENUE, 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 PASTURE AVENUE). 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 PASTURE AVENUE?

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