20, GREEN BANK, RAINWORTH, MANSFIELD, NG21 0FQ - £157,500

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

20 GREEN BANK is a midsized detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £186,643. It was last sold for £157,500 in December 2020, which was around 48% below the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

20 GREEN BANK Sold Prices

Land registry data shows two sales for 20 GREEN BANK 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 20 GREEN BANK 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 18 DEC	£157,500	£302,969	48% below HPI
2015 2 NOV	£135,000	£247,102	45% below HPI

20 GREEN BANK 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 20 GREEN BANK sales from November 2015 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 November 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 20 GREEN BANK be worth now?

20 GREEN BANK might now be worth an estimated £186,643.

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 20 GREEN BANK of £157,500 on 18th December 2020. For the value to have increased from £157,500 to £186,643 over the four years to December 2024, the following assumptions must hold true:

• The value of 20 GREEN BANK has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2020 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 20 GREEN BANK has not materially changed since December 2020.

How Large is 20 GREEN BANK?

20 GREEN BANK is 87m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 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 20 GREEN BANK lies on this distribution: 41% of detached houses houses are smaller than 20 GREEN BANK, and 58% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

20 GREEN BANK: Plot and Title Map

20 GREEN BANK sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 20 GREEN BANK, 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 20 GREEN BANK). 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 20 GREEN BANK?

20 GREEN BANK is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 20 on GREEN BANK.