4, HOLBECK WAY, RAINWORTH, MANSFIELD, NG21 0LN - £145,000

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

4 HOLBECK WAY is a small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £145,000 in January 2017, which was around 41% below the average January 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

4 HOLBECK WAY Sold Prices

Land registry data shows three sales for 4 HOLBECK WAY 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 HOLBECK 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
2017 6 JAN	£145,000	£247,096	41% below HPI
2000 31 MAR	£52,000	£86,844	40% below HPI
1997 3 JUN	£59,000	£77,787	24% below HPI

4 HOLBECK 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 three 4 HOLBECK WAY sales between June 1997 and January 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 March 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 HOLBECK WAY?

4 HOLBECK WAY is 78m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 4 HOLBECK WAY lies on this distribution: 29% of detached houses are smaller than 4 HOLBECK WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

4 HOLBECK WAY: Plot and Title Map

4 HOLBECK WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 4 HOLBECK 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 4 HOLBECK 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 4 HOLBECK WAY?

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