25, GREEN BANK, RAINWORTH, MANSFIELD, NG21 0FQ - £122,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 GREEN BANK is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £122,000 in May 2016, which was around 49% below the average May 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

25 GREEN BANK Sold Prices

Land registry data shows two sales for 25 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 25 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
2016 17 MAY	£122,000	£241,520	49% below HPI
1996 9 AUG	£42,000	£76,024	45% below HPI

25 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 25 GREEN BANK sales from August 1996 and May 2016 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 August 1996 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2016 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 25 GREEN BANK?

25 GREEN BANK is 57m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 25 GREEN BANK lies on this distribution: 6% of detached houses are smaller than 25 GREEN BANK, and 93% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

25 GREEN BANK: Plot and Title Map

25 GREEN BANK sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 25 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 25 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 25 GREEN BANK?

25 GREEN BANK is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 25 on GREEN BANK.