3, PEARL CLOSE, RAINWORTH, MANSFIELD, NG21 0GF - £212,000

3 PEARL CLOSE is a large extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £212,000 in October 2017, which was around 20% below the average October 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 PEARL CLOSE Sold Prices

Land registry data shows three sales for 3 PEARL CLOSE 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. Two of the three 3 PEARL CLOSE sales were for below the average price, whilst one was for above 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
2017 20 OCT	£212,000	£265,422	20% below HPI
2004 28 MAY	£163,900	£183,950	11% below HPI
1997 19 DEC	£82,950	£76,270	9% above HPI

3 PEARL CLOSE 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 PEARL CLOSE sales between December 1997 and October 2017 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 May 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 PEARL CLOSE?

3 PEARL CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 3 PEARL CLOSE lies on this distribution: 70% of detached houses are smaller than 3 PEARL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

3 PEARL CLOSE: Plot and Title Map

3 PEARL CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 PEARL CLOSE, 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 PEARL CLOSE). 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 PEARL CLOSE?

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