4, DIAMOND AVENUE, RAINWORTH, MANSFIELD, NG21 0FF - £218,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 DIAMOND AVENUE is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £218,950 in July 2022, which was around 32% below the average July 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

4 DIAMOND AVENUE Sold Prices

Land registry data shows six sales for 4 DIAMOND AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 4 DIAMOND AVENUE 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 1 JUL	£218,950	£324,114	32% below HPI
2012 10 DEC	£152,000	£203,870	25% below HPI
2007 26 APR	£148,000	£216,282	32% below HPI
2005 9 SEP	£140,000	£207,291	32% below HPI
2001 5 MAR	£55,000	£97,071	43% below HPI
1999 31 MAR	£74,950	£80,689	7% below HPI

4 DIAMOND AVENUE 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 six 4 DIAMOND AVENUE sales between March 1999 and July 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 December 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 DIAMOND AVENUE?

4 DIAMOND AVENUE is 84m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 4 DIAMOND AVENUE lies on this distribution: 36% of detached houses are smaller than 4 DIAMOND AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

4 DIAMOND AVENUE: Plot and Title Map

4 DIAMOND AVENUE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 4 DIAMOND AVENUE, 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 4 DIAMOND AVENUE). 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 4 DIAMOND AVENUE?

4 DIAMOND AVENUE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 4 on DIAMOND AVENUE.