48, DIAMOND AVENUE, RAINWORTH, MANSFIELD, NG21 0FF - £332,000

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

48 DIAMOND AVENUE is a very large extended detached house of 121m², built sometime between 1996 and 2002. It was last sold for £332,000 in October 2022, which was around 1% below the average October 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

48 DIAMOND AVENUE Sold Prices

Land registry data shows two sales for 48 DIAMOND AVENUE 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. One of the two 48 DIAMOND AVENUE sales was for below the average price, whilst the other was roughly equal to 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 18 OCT	£332,000	£334,226	1% below HPI
1998 20 MAR	£78,250	£78,137	Close to HPI

48 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 two 48 DIAMOND AVENUE sales from March 1998 and October 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 March 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 48 DIAMOND AVENUE?

48 DIAMOND AVENUE is 121m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 48 DIAMOND AVENUE lies on this distribution: 87% of detached houses are smaller than 48 DIAMOND AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

48 DIAMOND AVENUE: Plot and Title Map

48 DIAMOND AVENUE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 48 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 48 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 48 DIAMOND AVENUE?

48 DIAMOND AVENUE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 48 on DIAMOND AVENUE.