15, OAKLANDS LANE, RETFORD, DN22 7EF - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 OAKLANDS LANE is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £204,122. It was last sold for £170,000 in March 2021, which was around 33% below the average March 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

15 OAKLANDS LANE Sold Prices

Land registry data shows two sales for 15 OAKLANDS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Both of the two 15 OAKLANDS LANE 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
2021 3 MAR	£170,000	£253,985	33% below HPI
2017 16 OCT	£170,000	£216,417	21% below HPI

15 OAKLANDS 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 two 15 OAKLANDS LANE sales from October 2017 and March 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 October 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 15 OAKLANDS LANE be worth now?

15 OAKLANDS LANE might now be worth an estimated £204,122.

This is based on house price inflation of 20.1%, between March 2021 and March 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 15 OAKLANDS LANE of £170,000 on 3rd March 2021. For the value to have increased from £170,000 to £204,122 over the four years to March 2025, the following assumptions must hold true:

• The value of 15 OAKLANDS LANE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The March 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKLANDS LANE has not materially changed since March 2021.

How Large is 15 OAKLANDS LANE?

15 OAKLANDS LANE is 104m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses houses in Retford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Retford, and where 15 OAKLANDS LANE lies on this distribution: 38% of detached houses houses are smaller than 15 OAKLANDS LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Retford.

15 OAKLANDS LANE: Plot and Title Map

15 OAKLANDS LANE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 15 OAKLANDS 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 15 OAKLANDS 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 15 OAKLANDS LANE?

15 OAKLANDS LANE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 15 on OAKLANDS LANE.