7, KINGS MEADOW, RAINWORTH, MANSFIELD, NG21 0FG - £135,000

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

7 KINGS MEADOW is a small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £135,000 in September 2005, which was around 35% below the average September 2005 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

7 KINGS MEADOW Sold Prices

Land registry data shows two sales for 7 KINGS MEADOW 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 KINGS MEADOW 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
2005 23 SEP	£135,000	£207,291	35% below HPI
2002 21 JUN	£86,000	£124,621	31% below HPI

7 KINGS MEADOW 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 KINGS MEADOW sales from June 2002 and September 2005 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 June 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2005 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 KINGS MEADOW?

7 KINGS MEADOW is 85m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% 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 KINGS MEADOW lies on this distribution: 37% of detached houses are smaller than 7 KINGS MEADOW, and 61% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

7 KINGS MEADOW: Plot and Title Map

7 KINGS MEADOW sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 7 KINGS MEADOW, 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 KINGS MEADOW). 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 KINGS MEADOW?

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