4, HATFIELD CLOSE, RAINWORTH, MANSFIELD, NG21 0LL - £172,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 HATFIELD CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £195,789. It was last sold for £172,000 in August 2021, which was around 44% below the average August 2021 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.

4 HATFIELD CLOSE Sold Prices

Land registry data shows three sales for 4 HATFIELD 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. All of the three 4 HATFIELD CLOSE 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 27 AUG	£172,000	£309,224	44% below HPI
2016 30 MAR	£122,000	£244,713	50% below HPI
1999 30 JUL	£45,500	£89,131	49% below HPI

4 HATFIELD 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 4 HATFIELD CLOSE sales between July 1999 and August 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 March 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 4 HATFIELD CLOSE be worth now?

4 HATFIELD CLOSE might now be worth an estimated £195,789.

This is based on house price inflation of 13.8%, between August 2021 and February 2025, 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 13.8% inflationary increase is applied to the most recent sale price for 4 HATFIELD CLOSE of £172,000 on 27th August 2021. For the value to have increased from £172,000 to £195,789 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 HATFIELD CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2021 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HATFIELD CLOSE has not materially changed since August 2021.

How Large is 4 HATFIELD CLOSE?

4 HATFIELD CLOSE is 68m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 4 HATFIELD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 HATFIELD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

4 HATFIELD CLOSE: Plot and Title Map

4 HATFIELD CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 4 HATFIELD 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 4 HATFIELD 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 4 HATFIELD CLOSE?

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