22, DARRICOTT CLOSE, RAINWORTH, MANSFIELD, NG21 0FP - £174,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 DARRICOTT CLOSE is a small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £217,864. It was last sold for £174,000 in September 2018, which was around 39% below the average September 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

22 DARRICOTT CLOSE Sold Prices

Land registry data shows two sales for 22 DARRICOTT CLOSE 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 22 DARRICOTT CLOSE 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 25 SEP	£174,000	£283,604	39% below HPI
2005 29 JUL	£143,000	£214,347	33% below HPI

22 DARRICOTT CLOSE 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 22 DARRICOTT CLOSE sales from July 2005 and September 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 July 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 22 DARRICOTT CLOSE be worth now?

22 DARRICOTT CLOSE might now be worth an estimated £217,864.

This is based on house price inflation of 25.2%, between September 2018 and March 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 22 DARRICOTT CLOSE of £174,000 on 25th September 2018. For the value to have increased from £174,000 to £217,864 over the seven years and six months to March 2025, the following assumptions must hold true:

• The value of 22 DARRICOTT CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2018 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 22 DARRICOTT CLOSE has not materially changed since September 2018.

How Large is 22 DARRICOTT CLOSE?

22 DARRICOTT CLOSE is 80m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 22 DARRICOTT CLOSE lies on this distribution: 32% of detached houses houses are smaller than 22 DARRICOTT CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

22 DARRICOTT CLOSE: Plot and Title Map

22 DARRICOTT CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 22 DARRICOTT CLOSE, 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 22 DARRICOTT CLOSE). 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 22 DARRICOTT CLOSE?

22 DARRICOTT CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 22 on DARRICOTT CLOSE.