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
72 DIAMOND AVENUE is a very large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £310,000 in November 2022, which was around 7% below the average November 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 72 DIAMOND AVENUE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 72 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 |
---|---|---|---|
2022 4 NOV | £310,000 | £334,244 | 7% below HPI |
2018 23 JUL | £245,000 | £261,214 | 6% below HPI |
2016 14 OCT | £226,000 | £246,500 | 8% below HPI |
2004 28 JUN | £168,000 | £188,564 | 11% below HPI |
2000 30 JUN | £73,000 | £92,099 | 21% below HPI |
1996 1 APR | £69,995 | £72,251 | 3% below HPI |
The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The six 72 DIAMOND AVENUE sales between April 1996 and November 2022 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 July 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
72 DIAMOND AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 72 DIAMOND AVENUE lies on this distribution: 93% of detached houses are smaller than 72 DIAMOND AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Rainworth.
72 DIAMOND AVENUE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 72 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 72 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.
72 DIAMOND AVENUE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 72 on DIAMOND AVENUE.