OAKWOOD GRANGE, WARSOP LANE, RAINWORTH, MANSFIELD, NG21 0AD - £221,000

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.

OAKWOOD GRANGE is a very large detached house of 117m², which could now be worth an estimated £252,285. It was last sold for £221,000 in September 2021, which was around 28% below the average September 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

OAKWOOD GRANGE Sold Prices

Land registry data shows two sales for OAKWOOD GRANGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two OAKWOOD GRANGE 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 17 SEP	£221,000	£308,343	28% below HPI
2014 12 FEB	£160,000	£217,671	26% below HPI

OAKWOOD GRANGE 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 two OAKWOOD GRANGE sales from February 2014 and September 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 February 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might OAKWOOD GRANGE be worth now?

OAKWOOD GRANGE might now be worth an estimated £252,285.

This is based on house price inflation of 14.2%, between September 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 14.2% inflationary increase is applied to the most recent sale price for OAKWOOD GRANGE of £221,000 on 17th September 2021. For the value to have increased from £221,000 to £252,285 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of OAKWOOD GRANGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2021 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD GRANGE has not materially changed since September 2021.

How Large is OAKWOOD GRANGE?

OAKWOOD GRANGE is 117m² according to the EPC inspection conducted in July 2013. This puts it in the largest 20% 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 OAKWOOD GRANGE lies on this distribution: 84% of detached houses houses are smaller than OAKWOOD GRANGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

OAKWOOD GRANGE: Plot and Title Map

OAKWOOD GRANGE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of OAKWOOD GRANGE, 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 OAKWOOD GRANGE). 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 OAKWOOD GRANGE?

OAKWOOD GRANGE is located on WARSOP LANE in RAINWORTH, in the NG21 postcode district. The below map shows the position of OAKWOOD GRANGE on WARSOP LANE.