FOUR WINDS, SOUTHWELL ROAD EAST, RAINWORTH, MANSFIELD, NG21 0EZ - £305,000

FOUR WINDS is a very large detached house of 117m², built sometime between 1950 and 1966. It was last sold for £305,000 in September 2023, which was around 12% below the average September 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was D.

FOUR WINDS Sold Prices

Land registry data shows three sales for FOUR WINDS 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 FOUR WINDS 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
2023 8 SEP	£305,000	£347,377	12% below HPI
2013 28 JUN	£200,000	£210,087	5% below HPI
1998 20 MAR	£77,000	£78,137	1% below HPI

FOUR WINDS 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 FOUR WINDS sales between March 1998 and September 2023 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 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 117m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where FOUR WINDS lies on this distribution: 84% of detached houses are smaller than FOUR WINDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.356 of an acre, or 1,440m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on SOUTHWELL ROAD EAST in RAINWORTH, in the NG21 postcode district. The below map shows the position of FOUR WINDS on SOUTHWELL ROAD EAST.