5, WEBSTER CLOSE, RAINWORTH, MANSFIELD, NG21 0FS - £240,000

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 WEBSTER CLOSE is a midsized extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2023, which was around 29% below the average January 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

5 WEBSTER CLOSE Sold Prices

Land registry data shows three sales for 5 WEBSTER 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 WEBSTER 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
2023 12 JAN	£240,000	£338,252	29% below HPI
2003 27 OCT	£135,000	£169,431	20% below HPI
1998 28 AUG	£52,000	£84,141	38% below HPI

5 WEBSTER 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 WEBSTER CLOSE sales between August 1998 and January 2023 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 October 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 WEBSTER CLOSE?

5 WEBSTER CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 WEBSTER CLOSE lies on this distribution: 48% of detached houses are smaller than 5 WEBSTER CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

5 WEBSTER CLOSE: Plot and Title Map

5 WEBSTER CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 5 WEBSTER 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 WEBSTER 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 WEBSTER CLOSE?

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