5, JEACOCK DRIVE, RAINWORTH, MANSFIELD, NG21 0FW - £135,000

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 JEACOCK DRIVE is a very small detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £170,969. It was last sold for £135,000 in August 2018, which was around 51% below the average August 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

5 JEACOCK DRIVE Sold Prices

Land registry data shows two sales for 5 JEACOCK DRIVE 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 JEACOCK DRIVE 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
2018 31 AUG	£135,000	£277,939	51% below HPI
2000 8 DEC	£55,500	£102,513	46% below HPI

5 JEACOCK DRIVE 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 JEACOCK DRIVE sales from December 2000 and August 2018 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 December 2000 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2018 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 5 JEACOCK DRIVE be worth now?

5 JEACOCK DRIVE might now be worth an estimated £170,969.

This is based on house price inflation of 26.6%, between August 2018 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 26.6% inflationary increase is applied to the most recent sale price for 5 JEACOCK DRIVE of £135,000 on 31st August 2018. For the value to have increased from £135,000 to £170,969 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 JEACOCK DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The August 2018 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 5 JEACOCK DRIVE has not materially changed since August 2018.

How Large is 5 JEACOCK DRIVE?

5 JEACOCK DRIVE is 57m² according to the EPC inspection conducted in January 2014. 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 JEACOCK DRIVE lies on this distribution: 6% of detached houses houses are smaller than 5 JEACOCK DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

5 JEACOCK DRIVE: Plot and Title Map

5 JEACOCK DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 5 JEACOCK DRIVE, 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 JEACOCK DRIVE). 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 JEACOCK DRIVE?

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