8, ROCKLEY CLOSE, CLIPSTONE VILLAGE, MANSFIELD, NG21 9AD - £135,000

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 ROCKLEY CLOSE is a very small extended detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £149,035. It was last sold for £135,000 in November 2021, which was around 58% below the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

8 ROCKLEY CLOSE Sold Prices

Land registry data shows five sales for 8 ROCKLEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the five 8 ROCKLEY 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
2021 29 NOV	£135,000	£318,845	58% below HPI
2015 1 JUN	£135,000	£228,542	41% below HPI
2006 23 OCT	£139,950	£219,819	36% below HPI
2006 14 JUL	£150,000	£218,221	31% below HPI
2002 31 MAY	£89,950	£119,967	25% below HPI

8 ROCKLEY 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 five 8 ROCKLEY CLOSE sales between May 2002 and November 2021 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 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2021 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 8 ROCKLEY CLOSE be worth now?

8 ROCKLEY CLOSE might now be worth an estimated £149,035.

This is based on house price inflation of 10.4%, between November 2021 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 10.4% inflationary increase is applied to the most recent sale price for 8 ROCKLEY CLOSE of £135,000 on 29th November 2021. For the value to have increased from £135,000 to £149,035 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 ROCKLEY CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2021 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ROCKLEY CLOSE has not materially changed since November 2021.

How Large is 8 ROCKLEY CLOSE?

8 ROCKLEY CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Clipstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clipstone, and where 8 ROCKLEY CLOSE lies on this distribution: 7% of detached houses houses are smaller than 8 ROCKLEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Clipstone.

8 ROCKLEY CLOSE: Plot and Title Map

8 ROCKLEY CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 ROCKLEY 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 ROCKLEY 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 ROCKLEY CLOSE?

8 ROCKLEY CLOSE is located in CLIPSTONE VILLAGE, in the NG21 postcode district. The below map shows the position of No. 8 on ROCKLEY CLOSE.