8, THE HAY FIELDS, RAINWORTH, MANSFIELD, NG21 0PB - £235,000

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

8 THE HAY FIELDS is a midsized detached house of 97m². It was last sold for £235,000 in December 2020, which was around 19% below the average December 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

8 THE HAY FIELDS Sold Prices

Land registry data shows three sales for 8 THE HAY FIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 8 THE HAY FIELDS 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
2020 11 DEC	£235,000	£291,032	19% below HPI
2017 21 JUL	£199,000	£249,927	20% below HPI
2014 23 MAY	£182,000	£213,982	15% below HPI

8 THE HAY FIELDS 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 three 8 THE HAY FIELDS sales between May 2014 and December 2020 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 THE HAY FIELDS?

8 THE HAY FIELDS is 97m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 8 THE HAY FIELDS lies on this distribution: 58% of detached houses are smaller than 8 THE HAY FIELDS, and 40% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

8 THE HAY FIELDS: Plot and Title Map

8 THE HAY FIELDS sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 8 THE HAY FIELDS, 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 THE HAY FIELDS). 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 THE HAY FIELDS?

8 THE HAY FIELDS is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 8 on THE HAY FIELDS.