6, SHERWOOD ROAD, RAINWORTH, MANSFIELD, NG21 0LJ - £170,000

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

6 SHERWOOD ROAD is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £170,000 in July 2021, which was around 42% below the average July 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was A.

6 SHERWOOD ROAD Sold Prices

Land registry data shows two sales for 6 SHERWOOD ROAD 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 6 SHERWOOD ROAD 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
2021 2 JUL	£170,000	£291,982	42% below HPI
2019 27 SEP	£144,000	£273,716	47% below HPI

6 SHERWOOD ROAD 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 6 SHERWOOD ROAD sales from September 2019 and July 2021 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 September 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 6 SHERWOOD ROAD?

6 SHERWOOD ROAD is 55m² according to the EPC inspection conducted in May 2019. 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 6 SHERWOOD ROAD lies on this distribution: 3% of detached houses are smaller than 6 SHERWOOD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

6 SHERWOOD ROAD: Plot and Title Map

6 SHERWOOD ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 6 SHERWOOD ROAD, 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 6 SHERWOOD ROAD). 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 6 SHERWOOD ROAD?

6 SHERWOOD ROAD is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 6 on SHERWOOD ROAD.