278, SOUTHWELL ROAD EAST, RAINWORTH, MANSFIELD, NG21 0EQ - £190,000

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

278 SOUTHWELL ROAD EAST is a small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £190,000 in March 2024, which was around 22% below the average March 2024 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

278 SOUTHWELL ROAD EAST Sold Prices

Land registry data shows two sales for 278 SOUTHWELL ROAD EAST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. Both of the two 278 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
2024 7 MAR	£190,000	£243,030	22% below HPI
2013 4 APR	£123,500	£141,826	13% below HPI

278 SOUTHWELL ROAD EAST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The two 278 SOUTHWELL ROAD EAST sales from April 2013 and March 2024 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 April 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 278 SOUTHWELL ROAD EAST?

278 SOUTHWELL ROAD EAST is 70m² according to the EPC inspection conducted in April 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 278 SOUTHWELL ROAD EAST lies on this distribution: 20% of detached houses are smaller than 278 SOUTHWELL ROAD EAST, and 79% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

278 SOUTHWELL ROAD EAST: Plot and Title Map

278 SOUTHWELL ROAD EAST sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 278 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 278 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.

Where is 278 SOUTHWELL ROAD EAST?

278 SOUTHWELL ROAD EAST is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 278 on SOUTHWELL ROAD EAST.