13, PARK LANE, RETFORD, DN22 6TX - £245,000

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

13 PARK LANE is a small detached house of 101m², built sometime between 1950 and 1966. It was last sold for £245,000 in October 2020, which was around 3% above the average October 2020 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

13 PARK LANE Sold Prices

Land registry data shows four sales for 13 PARK LANE 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. Most of the four 13 PARK LANE 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
2020 14 OCT	£245,000	£237,512	3% above HPI
2020 18 FEB	£240,000	£235,093	2% above HPI
2009 7 DEC	£160,000	£178,854	11% below HPI
1996 27 SEP	£70,000	£67,375	4% above HPI

13 PARK LANE 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 13 PARK LANE sales between September 1996 and October 2020 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 February 2020 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 13 PARK LANE?

13 PARK LANE is 101m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 13 PARK LANE lies on this distribution: 36% of detached houses are smaller than 13 PARK LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Retford.

13 PARK LANE: Plot and Title Map

13 PARK LANE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 13 PARK LANE, 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 13 PARK LANE). 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 13 PARK LANE?

13 PARK LANE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 13 on PARK LANE.