1, OAKS CLOSE, RANSKILL, RETFORD, DN22 8PH - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OAKS CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £240,000 in June 2024, which was around 19% below the average June 2024 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

1 OAKS CLOSE Sold Prices

Land registry data shows three sales for 1 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the three 1 OAKS 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
2024 28 JUN	£240,000	£297,637	19% below HPI
2007 11 SEP	£159,950	£200,715	20% below HPI
2006 8 NOV	£100,000	£189,182	47% below HPI

1 OAKS CLOSE 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 three 1 OAKS CLOSE sales between November 2006 and June 2024 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 September 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 OAKS CLOSE?

1 OAKS CLOSE is 61m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Ranskill, based on EPC data. The below chart shows the distribution of detached houses by size in Ranskill, and where 1 OAKS CLOSE lies on this distribution: 3% of detached houses are smaller than 1 OAKS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

1 OAKS CLOSE: Plot and Title Map

1 OAKS CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 1 OAKS 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 1 OAKS 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 1 OAKS CLOSE?

1 OAKS CLOSE is located in RANSKILL, in the DN22 postcode district. The below map shows the position of No. 1 on OAKS CLOSE.