12, THE SHETLANDS, RETFORD, DN22 6YA - £390,000

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

12 THE SHETLANDS is a very large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £390,000 in October 2021, which was around 48% above the average October 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 THE SHETLANDS Sold Prices

Land registry data shows five sales for 12 THE SHETLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the five 12 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 20 OCT	£390,000	£263,804	48% above HPI
2016 24 MAR	£296,000	£194,919	52% above HPI
2009 23 OCT	£285,000	£173,138	65% above HPI
2003 14 FEB	£220,000	£118,115	86% above HPI
2000 17 JAN	£139,995	£73,765	90% above HPI

12 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 five 12 THE SHETLANDS sales between January 2000 and October 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 March 2016 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2021 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 12 THE SHETLANDS?

12 THE SHETLANDS is 172m², which includes one extension, according to the EPC inspection conducted in July 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 12 THE SHETLANDS lies on this distribution: 88% of detached houses are smaller than 12 THE SHETLANDS, and 12% of houses are larger. Note that EPC data is not available for all properties in Retford.

12 THE SHETLANDS: Plot and Title Map

12 THE SHETLANDS sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 12 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 12 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 12 THE SHETLANDS?

12 THE SHETLANDS is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 12 on THE SHETLANDS.