5, CROWN CLOSE, RAINWORTH, MANSFIELD, NG21 0FE - £185,000

5 CROWN CLOSE is a midsized extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £185,000 in April 2021, which was around 35% below the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

5 CROWN CLOSE Sold Prices

Land registry data shows two sales for 5 CROWN CLOSE 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 5 CROWN CLOSE 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
2021 12 APR	£185,000	£285,619	35% below HPI
1999 22 JAN	£51,000	£83,174	39% below HPI

5 CROWN CLOSE 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 5 CROWN CLOSE sales from January 1999 and April 2021 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 January 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5 CROWN CLOSE?

5 CROWN CLOSE is 96m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 5 CROWN CLOSE lies on this distribution: 57% of detached houses are smaller than 5 CROWN CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

5 CROWN CLOSE: Plot and Title Map

5 CROWN CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 5 CROWN CLOSE, 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 5 CROWN CLOSE). 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 5 CROWN CLOSE?

5 CROWN CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 5 on CROWN CLOSE.