12, DERWENT CLOSE, RAINWORTH, MANSFIELD, NG21 0FN - £200,000

12 DERWENT CLOSE is a small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £200,000 in November 2021, which was around 35% below the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

12 DERWENT CLOSE Sold Prices

Land registry data shows two sales for 12 DERWENT 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 12 DERWENT 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
2021 12 NOV	£200,000	£306,282	35% below HPI
2004 9 JUL	£125,000	£188,834	34% below HPI

12 DERWENT 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 12 DERWENT CLOSE sales from July 2004 and November 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 July 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 DERWENT CLOSE?

12 DERWENT CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rainworth, and where 12 DERWENT CLOSE lies on this distribution: 34% of detached houses are smaller than 12 DERWENT CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

12 DERWENT CLOSE: Plot and Title Map

12 DERWENT CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 12 DERWENT 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 12 DERWENT 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 12 DERWENT CLOSE?

12 DERWENT CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 12 on DERWENT CLOSE.