16, JOHN BARROW CLOSE, RAINWORTH, MANSFIELD, NG21 0GD - £120,000

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.

16 JOHN BARROW CLOSE is a very small semi-detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £177,631. It was last sold for £120,000 in December 2015, which was around 15% below the average December 2015 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

16 JOHN BARROW CLOSE Sold Prices

Land registry data shows two sales for 16 JOHN BARROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 16 JOHN BARROW 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
2015 10 DEC	£120,000	£141,479	15% below HPI
2007 31 AUG	£109,950	£136,721	20% below HPI

16 JOHN BARROW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 16 JOHN BARROW CLOSE sales from August 2007 and December 2015 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 August 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 JOHN BARROW CLOSE be worth now?

16 JOHN BARROW CLOSE might now be worth an estimated £177,631.

This is based on house price inflation of 48%, between December 2015 and March 2025, for semi-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 48% inflationary increase is applied to the most recent sale price for 16 JOHN BARROW CLOSE of £120,000 on 10th December 2015. For the value to have increased from £120,000 to £177,631 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 16 JOHN BARROW CLOSE has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The December 2015 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 16 JOHN BARROW CLOSE has not materially changed since December 2015.

How Large is 16 JOHN BARROW CLOSE?

16 JOHN BARROW CLOSE is 67m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of semi-detached houses houses in Rainworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rainworth, and where 16 JOHN BARROW CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 16 JOHN BARROW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

16 JOHN BARROW CLOSE: Plot and Title Map

16 JOHN BARROW CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 16 JOHN BARROW 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 16 JOHN BARROW 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 16 JOHN BARROW CLOSE?

16 JOHN BARROW CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 16 on JOHN BARROW CLOSE.