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

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

5 HALL CLOSE is a very small detached house of 47m², built sometime between 1983 and 1990. It was last sold for £160,000 in February 2007, which was around 25% 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	£212,921	25% below HPI
2004 4 JUN	£137,500	£188,564	27% below HPI
2000 14 JAN	£67,500	£90,214	25% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2007 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 5 HALL CLOSE lies on this distribution: Less than 1% of detached 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.