3, LEA VIEW, RAINWORTH, MANSFIELD, NG21 0NH - £282,000

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

3 LEA VIEW is a very large detached house of 115m², which could now be worth an estimated £317,540. It was last sold for £282,000 in November 2021, which was around 12% below the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

3 LEA VIEW Sold Prices

Land registry data shows three sales for 3 LEA VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 3 LEA VIEW 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 18 NOV	£282,000	£318,845	12% below HPI
2019 10 JAN	£241,500	£281,014	14% below HPI
2012 30 MAR	£185,000	£213,105	13% below HPI

3 LEA VIEW 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 three 3 LEA VIEW sales between March 2012 and November 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 January 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 LEA VIEW be worth now?

3 LEA VIEW might now be worth an estimated £317,540.

This is based on house price inflation of 12.6%, between November 2021 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 12.6% inflationary increase is applied to the most recent sale price for 3 LEA VIEW of £282,000 on 18th November 2021. For the value to have increased from £282,000 to £317,540 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 LEA VIEW has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2021 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEA VIEW has not materially changed since November 2021.

How Large is 3 LEA VIEW?

3 LEA VIEW is 115m² according to the EPC inspection conducted in March 2012. This puts it in the largest 20% 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 3 LEA VIEW lies on this distribution: 82% of detached houses houses are smaller than 3 LEA VIEW, and 18% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

3 LEA VIEW: Plot and Title Map

3 LEA VIEW sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 3 LEA VIEW, 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 3 LEA VIEW). 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 3 LEA VIEW?

3 LEA VIEW is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 3 on LEA VIEW.