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
49 DIAMOND AVENUE is a very large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £340,000 in August 2024, which was around 3% below the average August 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 49 DIAMOND AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four 49 DIAMOND AVENUE sales were for above 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 |
---|---|---|---|
2024 1 AUG | £340,000 | £352,292 | 3% below HPI |
2008 25 JUL | £220,000 | £217,252 | 1% above HPI |
1998 19 MAR | £91,250 | £78,137 | 17% above HPI |
1995 24 NOV | £88,745 | £70,174 | 26% above HPI |
The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 49 DIAMOND AVENUE sales between November 1995 and August 2024 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 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
49 DIAMOND AVENUE is 118m² according to the EPC inspection conducted in January 2024. 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 49 DIAMOND AVENUE lies on this distribution: 85% of detached houses are smaller than 49 DIAMOND AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Rainworth.
49 DIAMOND AVENUE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 49 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 49 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.
49 DIAMOND AVENUE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 49 on DIAMOND AVENUE.