49, DIAMOND AVENUE, RAINWORTH, MANSFIELD, NG21 0FF - £220,000

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

49 DIAMOND AVENUE is a very large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £220,000 in July 2008, which was around 1% above the average July 2008 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.

49 DIAMOND AVENUE Sold Prices

Land registry data shows three sales for 49 DIAMOND AVENUE 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 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
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

49 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 three 49 DIAMOND AVENUE sales between November 1995 and July 2008 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 was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2008 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 49 DIAMOND AVENUE?

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: Plot and Title Map

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.

Where is 49 DIAMOND AVENUE?

49 DIAMOND AVENUE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 49 on DIAMOND AVENUE.