5, THE FIELDS, RAINWORTH, MANSFIELD, NG21 0GY - £187,500

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 THE FIELDS is a large detached house of 103m², which could now be worth an estimated £235,789. It was last sold for £187,500 in January 2020, which was around 33% below the average January 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

5 THE FIELDS Sold Prices

Land registry data shows two sales for 5 THE FIELDS 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 THE FIELDS 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
2020 24 JAN	£187,500	£279,906	33% below HPI
2011 16 DEC	£153,995	£215,666	29% below HPI

5 THE FIELDS 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 THE FIELDS sales from December 2011 and January 2020 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 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 THE FIELDS be worth now?

5 THE FIELDS might now be worth an estimated £235,789.

This is based on house price inflation of 25.8%, between January 2020 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 25.8% inflationary increase is applied to the most recent sale price for 5 THE FIELDS of £187,500 on 24th January 2020. For the value to have increased from £187,500 to £235,789 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 THE FIELDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The January 2020 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 5 THE FIELDS has not materially changed since January 2020.

How Large is 5 THE FIELDS?

5 THE FIELDS is 103m² according to the EPC inspection conducted in December 2011. This puts it in the largest 40% 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 THE FIELDS lies on this distribution: 66% of detached houses houses are smaller than 5 THE FIELDS, and 34% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

5 THE FIELDS: Plot and Title Map

5 THE FIELDS sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 5 THE FIELDS, 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 THE FIELDS). 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 THE FIELDS?

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