5, FOREST CLOSE, RAINWORTH, MANSFIELD, NG21 0HN - £210,000

5 FOREST CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £210,000 in December 2022, which was around 38% below the average December 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 FOREST CLOSE Sold Prices

Land registry data shows two sales for 5 FOREST 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 5 FOREST 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
2022 9 DEC	£210,000	£336,958	38% below HPI
2007 18 JUL	£147,500	£222,163	34% below HPI

5 FOREST 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 5 FOREST CLOSE sales from July 2007 and December 2022 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 FOREST CLOSE?

5 FOREST CLOSE is 69m² according to the EPC inspection conducted in March 2022. 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 5 FOREST CLOSE lies on this distribution: 19% of detached houses are smaller than 5 FOREST CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

5 FOREST CLOSE: Plot and Title Map

5 FOREST CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 5 FOREST 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 5 FOREST 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 5 FOREST CLOSE?

5 FOREST CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 5 on FOREST CLOSE.