4, SHERWOOD ROAD, RAINWORTH, MANSFIELD, NG21 0LJ - £163,000

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 SHERWOOD ROAD is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £163,000 in November 2022, which was around 51% below the average November 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

4 SHERWOOD ROAD Sold Prices

Land registry data shows three sales for 4 SHERWOOD ROAD 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 SHERWOOD ROAD 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 2 NOV	£163,000	£334,244	51% below HPI
2019 16 JUL	£122,000	£267,974	54% below HPI
2005 5 APR	£102,000	£198,859	49% below HPI

4 SHERWOOD ROAD 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 SHERWOOD ROAD sales between April 2005 and November 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 July 2019 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 4 SHERWOOD ROAD?

4 SHERWOOD ROAD is 57m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 SHERWOOD ROAD lies on this distribution: 6% of detached houses are smaller than 4 SHERWOOD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

4 SHERWOOD ROAD: Plot and Title Map

4 SHERWOOD ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 SHERWOOD ROAD, 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 SHERWOOD ROAD). 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 SHERWOOD ROAD?

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