7, BRIAR CLOSE, RAINWORTH, MANSFIELD, NG21 0FY - £89,000

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

7 BRIAR CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £89,000 in July 2011, which was around 57% below the average July 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

7 BRIAR CLOSE Sold Prices

Land registry data shows two sales for 7 BRIAR CLOSE 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 7 BRIAR 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
2011 15 JUL	£89,000	£204,939	57% below HPI
1995 22 SEP	£41,500	£74,193	44% below HPI

7 BRIAR 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 two 7 BRIAR CLOSE sales from September 1995 and July 2011 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 1995 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2011 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 7 BRIAR CLOSE?

7 BRIAR CLOSE is 55m² according to the EPC inspection conducted in November 2015. 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 7 BRIAR CLOSE lies on this distribution: 3% of detached houses are smaller than 7 BRIAR CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

7 BRIAR CLOSE: Plot and Title Map

7 BRIAR CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 7 BRIAR 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 7 BRIAR 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 7 BRIAR CLOSE?

7 BRIAR CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 7 on BRIAR CLOSE.