18, THE HAY FIELDS, RAINWORTH, MANSFIELD, NG21 0PB - £178,000

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.

18 THE HAY FIELDS is a midsized detached house of 91m², which could now be worth an estimated £225,485. It was last sold for £178,000 in February 2018, which was around 36% below the average February 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

18 THE HAY FIELDS Sold Prices

Land registry data shows two sales for 18 THE HAY FIELDS 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 18 THE HAY FIELDS 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
2018 5 FEB	£178,000	£277,867	36% below HPI
2014 19 MAY	£160,000	£222,759	28% below HPI

18 THE HAY FIELDS 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 18 THE HAY FIELDS sales from May 2014 and February 2018 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 May 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 18 THE HAY FIELDS be worth now?

18 THE HAY FIELDS might now be worth an estimated £225,485.

This is based on house price inflation of 26.7%, between February 2018 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 26.7% inflationary increase is applied to the most recent sale price for 18 THE HAY FIELDS of £178,000 on 5th February 2018. For the value to have increased from £178,000 to £225,485 over the seven years to February 2025, the following assumptions must hold true:

• The value of 18 THE HAY FIELDS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The February 2018 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE HAY FIELDS has not materially changed since February 2018.

How Large is 18 THE HAY FIELDS?

18 THE HAY FIELDS is 91m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% 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 18 THE HAY FIELDS lies on this distribution: 51% of detached houses houses are smaller than 18 THE HAY FIELDS, and 49% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

18 THE HAY FIELDS: Plot and Title Map

18 THE HAY FIELDS sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 18 THE HAY FIELDS, 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 18 THE HAY FIELDS). 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 18 THE HAY FIELDS?

18 THE HAY FIELDS is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 18 on THE HAY FIELDS.