2, THE SHETLANDS, RETFORD, DN22 6YA - £415,000

2 THE SHETLANDS is a very large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £415,000 in December 2021, which was around 55% above the average December 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

2 THE SHETLANDS Sold Prices

Land registry data shows four sales for 2 THE SHETLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the four 2 THE SHETLANDS sales were for above 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 17 DEC	£415,000	£268,112	55% above HPI
2008 12 JUN	£277,500	£192,570	44% above HPI
2004 6 AUG	£250,000	£169,498	47% above HPI
2000 14 MAR	£143,115	£73,211	95% above HPI

2 THE SHETLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four 2 THE SHETLANDS sales between March 2000 and December 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 June 2008 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 2 THE SHETLANDS?

2 THE SHETLANDS is 158m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 2 THE SHETLANDS lies on this distribution: 84% of detached houses are smaller than 2 THE SHETLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Retford.

2 THE SHETLANDS: Plot and Title Map

2 THE SHETLANDS sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 2 THE SHETLANDS, 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 2 THE SHETLANDS). 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 2 THE SHETLANDS?

2 THE SHETLANDS is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 2 on THE SHETLANDS.