8, BRIAR CLOSE, RAINWORTH, MANSFIELD, NG21 0FY - £190,000

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.

8 BRIAR CLOSE is a small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £234,708. It was last sold for £190,000 in September 2019, which was around 33% below the average September 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

8 BRIAR CLOSE Sold Prices

Land registry data shows six sales for 8 BRIAR CLOSE since 1^st 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 8 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
2019 3 SEP	£190,000	£284,944	33% below HPI
2014 26 AUG	£153,000	£234,357	35% below HPI
2005 5 AUG	£129,950	£213,796	39% below HPI
2005 24 MAR	£140,000	£210,089	33% below HPI
2004 23 JAN	£127,800	£187,206	32% below HPI
1999 22 OCT	£53,000	£92,468	43% below HPI

8 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 six 8 BRIAR CLOSE sales between October 1999 and September 2019 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 BRIAR CLOSE be worth now?

8 BRIAR CLOSE might now be worth an estimated £234,708.

This is based on house price inflation of 23.5%, between September 2019 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 23.5% inflationary increase is applied to the most recent sale price for 8 BRIAR CLOSE of £190,000 on 3rd September 2019. For the value to have increased from £190,000 to £234,708 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 BRIAR CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRIAR CLOSE has not materially changed since September 2019.

How Large is 8 BRIAR CLOSE?

8 BRIAR CLOSE is 85m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% 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 8 BRIAR CLOSE lies on this distribution: 37% of detached houses houses are smaller than 8 BRIAR CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

8 BRIAR CLOSE: Plot and Title Map

8 BRIAR CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 8 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 8 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 8 BRIAR CLOSE?

8 BRIAR CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 8 on BRIAR CLOSE.