10, WEBSTER CLOSE, RAINWORTH, MANSFIELD, NG21 0FS - £180,000

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.

10 WEBSTER CLOSE is a large extended detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £229,424. It was last sold for £180,000 in February 2019, which was around 35% below the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

10 WEBSTER CLOSE Sold Prices

Land registry data shows two sales for 10 WEBSTER CLOSE 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 10 WEBSTER 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 15 FEB	£180,000	£276,164	35% below HPI
2015 24 JUL	£165,000	£236,622	30% below HPI

10 WEBSTER 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 two 10 WEBSTER CLOSE sales from July 2015 and February 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 July 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 10 WEBSTER CLOSE be worth now?

10 WEBSTER CLOSE might now be worth an estimated £229,424.

This is based on house price inflation of 27.5%, between February 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 27.5% inflationary increase is applied to the most recent sale price for 10 WEBSTER CLOSE of £180,000 on 15th February 2019. For the value to have increased from £180,000 to £229,424 over the six years to February 2025, the following assumptions must hold true:

• The value of 10 WEBSTER CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WEBSTER CLOSE has not materially changed since February 2019.

How Large is 10 WEBSTER CLOSE?

10 WEBSTER CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 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 10 WEBSTER CLOSE lies on this distribution: 69% of detached houses houses are smaller than 10 WEBSTER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

10 WEBSTER CLOSE: Plot and Title Map

10 WEBSTER CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 10 WEBSTER 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 10 WEBSTER 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 10 WEBSTER CLOSE?

10 WEBSTER CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 10 on WEBSTER CLOSE.