2, WARSOP LANE, RAINWORTH, MANSFIELD, NG21 0AD - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WARSOP LANE is a very large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £155,000 in March 2004, which was around 14% below the average March 2004 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

2 WARSOP LANE Sold Prices

Land registry data shows two sales for 2 WARSOP LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 2 WARSOP LANE 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
2004 19 MAR	£155,000	£181,266	14% below HPI
1998 14 NOV	£51,950	£86,550	40% below HPI

2 WARSOP LANE 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 two 2 WARSOP LANE sales from November 1998 and March 2004 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 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2004 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 WARSOP LANE?

2 WARSOP LANE is 152m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 2 WARSOP LANE lies on this distribution: 96% of detached houses are smaller than 2 WARSOP LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

2 WARSOP LANE: Plot and Title Map

2 WARSOP LANE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 2 WARSOP LANE, 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 WARSOP LANE). 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 WARSOP LANE?

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