5, HALL CLOSE, RAINWORTH, MANSFIELD, NG21 0FR - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 HALL CLOSE is a very small detached house of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £254,084. It was last sold for £160,000 in February 2007, which was around 28% below the average February 2007 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

5 HALL CLOSE Sold Prices

Land registry data shows three sales for 5 HALL CLOSE 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 5 HALL 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
2007 26 FEB	£160,000	£221,655	28% below HPI
2004 4 JUN	£137,500	£196,298	30% below HPI
2000 14 JAN	£67,500	£93,915	28% below HPI

5 HALL 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 three 5 HALL CLOSE sales between January 2000 and February 2007 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 June 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2007 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 HALL CLOSE be worth now?

5 HALL CLOSE might now be worth an estimated £254,084.

This is based on house price inflation of 58.8%, between February 2007 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.8% inflationary increase is applied to the most recent sale price for 5 HALL CLOSE of £160,000 on 26th February 2007. For the value to have increased from £160,000 to £254,084 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 5 HALL CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2007 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HALL CLOSE has not materially changed since February 2007.

How Large is 5 HALL CLOSE?

5 HALL CLOSE is 47m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainworth, and where 5 HALL CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 5 HALL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

5 HALL CLOSE: Plot and Title Map

5 HALL CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 HALL 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 HALL 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 HALL CLOSE?

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