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
276 SOUTHWELL ROAD EAST is a small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £170,000 in April 2021, which was around 22% below the average April 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 276 SOUTHWELL ROAD EAST since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the five 276 SOUTHWELL ROAD EAST 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 |
---|---|---|---|
2021 27 APR | £170,000 | £217,231 | 22% below HPI |
2018 29 MAR | £154,000 | £179,904 | 14% below HPI |
2017 28 APR | £128,000 | £174,489 | 27% below HPI |
2005 17 NOV | £135,000 | £146,220 | 8% below HPI |
1997 24 OCT | £45,000 | £56,529 | 20% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The five 276 SOUTHWELL ROAD EAST sales between October 1997 and April 2021 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 March 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
276 SOUTHWELL ROAD EAST is 70m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 276 SOUTHWELL ROAD EAST lies on this distribution: 20% of detached houses are smaller than 276 SOUTHWELL ROAD EAST, and 79% of houses are larger. Note that EPC data is not available for all properties in Rainworth.
276 SOUTHWELL ROAD EAST sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 276 SOUTHWELL ROAD EAST, 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 276 SOUTHWELL ROAD EAST). 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.
276 SOUTHWELL ROAD EAST is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 276 on SOUTHWELL ROAD EAST.