62, DIAMOND AVENUE, RAINWORTH, MANSFIELD, NG21 0FF - £194,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

62 DIAMOND AVENUE is a very large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £194,000 in December 2016, which was around 22% below the average December 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

62 DIAMOND AVENUE Sold Prices

Land registry data shows two sales for 62 DIAMOND AVENUE 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 62 DIAMOND AVENUE 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
2016 9 DEC	£194,000	£248,516	22% below HPI
2007 7 SEP	£170,000	£229,538	26% below HPI

62 DIAMOND AVENUE 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 62 DIAMOND AVENUE sales from September 2007 and December 2016 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 62 DIAMOND AVENUE?

62 DIAMOND AVENUE is 123m² according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 62 DIAMOND AVENUE lies on this distribution: 88% of detached houses are smaller than 62 DIAMOND AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

62 DIAMOND AVENUE: Plot and Title Map

62 DIAMOND AVENUE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 62 DIAMOND AVENUE, 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 62 DIAMOND AVENUE). 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 62 DIAMOND AVENUE?

62 DIAMOND AVENUE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 62 on DIAMOND AVENUE.