11, PINE CLOSE, RAINWORTH, MANSFIELD, NG21 0DN - £125,000

11 PINE CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £125,000 in January 2012, which was around 40% below the average January 2012 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

11 PINE CLOSE Sold Prices

Land registry data shows two sales for 11 PINE 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 11 PINE 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
2012 31 JAN	£125,000	£206,695	40% below HPI
2011 3 JUN	£124,000	£211,027	41% below HPI

11 PINE 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 11 PINE CLOSE sales from June 2011 and January 2012 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 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2012 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 11 PINE CLOSE?

11 PINE CLOSE is 69m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 11 PINE CLOSE lies on this distribution: 19% of detached houses are smaller than 11 PINE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

11 PINE CLOSE: Plot and Title Map

11 PINE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 11 PINE 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 11 PINE 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 11 PINE CLOSE?

11 PINE CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 11 on PINE CLOSE.