48, WESTBROOK DRIVE, RAINWORTH, MANSFIELD, NG21 0FB - £137,000

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

48 WESTBROOK DRIVE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £137,000 in May 2018, which was around 47% below the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

48 WESTBROOK DRIVE Sold Prices

Land registry data shows two sales for 48 WESTBROOK DRIVE 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 48 WESTBROOK DRIVE 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
2018 25 MAY	£137,000	£256,928	47% below HPI
2000 11 AUG	£44,500	£98,569	55% below HPI

48 WESTBROOK DRIVE 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 WESTBROOK DRIVE sales from August 2000 and May 2018 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 August 2000 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the May 2018 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 48 WESTBROOK DRIVE?

48 WESTBROOK DRIVE is 63m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 WESTBROOK DRIVE lies on this distribution: 11% of detached houses are smaller than 48 WESTBROOK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

48 WESTBROOK DRIVE: Plot and Title Map

48 WESTBROOK DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 48 WESTBROOK DRIVE, 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 WESTBROOK DRIVE). 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 WESTBROOK DRIVE?

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