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

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.

62 DIAMOND AVENUE is a very large detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £263,951. It was last sold for £194,000 in December 2016, which was around 25% 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	£258,710	25% below HPI
2007 7 SEP	£170,000	£238,953	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 62 DIAMOND AVENUE be worth now?

62 DIAMOND AVENUE might now be worth an estimated £263,951.

This is based on house price inflation of 36.1%, between December 2016 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 36.1% inflationary increase is applied to the most recent sale price for 62 DIAMOND AVENUE of £194,000 on 9th December 2016. For the value to have increased from £194,000 to £263,951 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 62 DIAMOND AVENUE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2016 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 62 DIAMOND AVENUE has not materially changed since December 2016.

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 houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainworth, and where 62 DIAMOND AVENUE lies on this distribution: 88% of detached houses 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.