21, GREEN BANK, RAINWORTH, MANSFIELD, NG21 0FQ - £139,000

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

21 GREEN BANK is a small detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £185,021. It was last sold for £139,000 in June 2018, which was around 48% below the average June 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

21 GREEN BANK Sold Prices

Land registry data shows two sales for 21 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 21 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
2018 13 JUN	£139,000	£269,725	48% below HPI
1999 15 OCT	£53,000	£92,468	43% below HPI

21 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 21 GREEN BANK sales from October 1999 and June 2018 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 October 1999 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 21 GREEN BANK be worth now?

21 GREEN BANK might now be worth an estimated £185,021.

This is based on house price inflation of 33.1%, between June 2018 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 33.1% inflationary increase is applied to the most recent sale price for 21 GREEN BANK of £139,000 on 13th June 2018. For the value to have increased from £139,000 to £185,021 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 21 GREEN BANK has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2018 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GREEN BANK has not materially changed since June 2018.

How Large is 21 GREEN BANK?

21 GREEN BANK is 75m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% 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 21 GREEN BANK lies on this distribution: 26% of detached houses houses are smaller than 21 GREEN BANK, and 73% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

21 GREEN BANK: Plot and Title Map

21 GREEN BANK sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 21 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 21 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 21 GREEN BANK?

21 GREEN BANK is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 21 on GREEN BANK.