38, NIGHTJAR WAY, RAINWORTH, MANSFIELD, NG21 0WJ - £235,000

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

38 NIGHTJAR WAY is a midsized detached house of 88m², built in 2015. It was last sold for £235,000 in March 2022, which was around 25% below the average March 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

38 NIGHTJAR WAY Sold Prices

Land registry data shows two sales for 38 NIGHTJAR WAY 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 38 NIGHTJAR WAY 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
2022 15 MAR	£235,000	£314,451	25% below HPI
2017 2 NOV	£182,000	£264,247	31% below HPI

38 NIGHTJAR WAY 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 38 NIGHTJAR WAY sales from November 2017 and March 2022 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 November 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 38 NIGHTJAR WAY?

38 NIGHTJAR WAY is 88m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 38 NIGHTJAR WAY lies on this distribution: 42% of detached houses are smaller than 38 NIGHTJAR WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

38 NIGHTJAR WAY: Plot and Title Map

38 NIGHTJAR WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 38 NIGHTJAR WAY, 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 38 NIGHTJAR WAY). 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 38 NIGHTJAR WAY?

38 NIGHTJAR WAY is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 38 on NIGHTJAR WAY.