4, SAPPHIRE CLOSE, RAINWORTH, MANSFIELD, NG21 0GE - £175,000

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 SAPPHIRE CLOSE is a midsized detached house of 97m², built sometime between 1996 and 2002. It was last sold for £175,000 in March 2007, which was around 18% below the average March 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

4 SAPPHIRE CLOSE Sold Prices

Land registry data shows two sales for 4 SAPPHIRE CLOSE 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 4 SAPPHIRE 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
2007 30 MAR	£175,000	£214,057	18% below HPI
2002 1 MAR	£98,000	£108,754	10% below HPI

4 SAPPHIRE 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 two 4 SAPPHIRE CLOSE sales from March 2002 and March 2007 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2007 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 SAPPHIRE CLOSE?

4 SAPPHIRE CLOSE is 97m² according to the EPC inspection conducted in June 2015. This puts it in the largest 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 SAPPHIRE CLOSE lies on this distribution: 59% of detached houses are smaller than 4 SAPPHIRE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

4 SAPPHIRE CLOSE: Plot and Title Map

4 SAPPHIRE CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 4 SAPPHIRE 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 SAPPHIRE 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 SAPPHIRE CLOSE?

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