24, THE HAY FIELDS, RAINWORTH, MANSFIELD, NG21 0PB - £188,000

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

24 THE HAY FIELDS is a midsized detached house of 93m², which could now be worth an estimated £241,955. It was last sold for £188,000 in July 2019, which was around 33% below the average July 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

24 THE HAY FIELDS Sold Prices

Land registry data shows two sales for 24 THE HAY FIELDS 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 24 THE HAY FIELDS 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
2019 5 JUL	£188,000	£278,966	33% below HPI
2014 5 DEC	£165,000	£226,949	27% below HPI

24 THE HAY FIELDS 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 24 THE HAY FIELDS sales from December 2014 and July 2019 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 December 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 24 THE HAY FIELDS be worth now?

24 THE HAY FIELDS might now be worth an estimated £241,955.

This is based on house price inflation of 28.7%, between July 2019 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 28.7% inflationary increase is applied to the most recent sale price for 24 THE HAY FIELDS of £188,000 on 5th July 2019. For the value to have increased from £188,000 to £241,955 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 24 THE HAY FIELDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The July 2019 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE HAY FIELDS has not materially changed since July 2019.

How Large is 24 THE HAY FIELDS?

24 THE HAY FIELDS is 93m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 24 THE HAY FIELDS lies on this distribution: 52% of detached houses houses are smaller than 24 THE HAY FIELDS, and 46% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

24 THE HAY FIELDS: Plot and Title Map

24 THE HAY FIELDS sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 24 THE HAY FIELDS, 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 24 THE HAY FIELDS). 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 24 THE HAY FIELDS?

24 THE HAY FIELDS is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 24 on THE HAY FIELDS.