16, PARK CRESCENT, RETFORD, DN22 6UF - £265,000

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.

16 PARK CRESCENT is a very large extended detached house of 147m², built sometime between 1967 and 1975, which could now be worth an estimated £385,532. It was last sold for £265,000 in May 2018, which was around 23% above the average May 2018 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

16 PARK CRESCENT Sold Prices

Land registry data shows four sales for 16 PARK CRESCENT 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 16 PARK CRESCENT 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
2018 4 MAY	£265,000	£214,950	23% above HPI
2015 30 JAN	£220,000	£186,364	18% above HPI
2006 25 AUG	£249,000	£186,542	33% above HPI
1998 28 APR	£83,000	£68,729	21% above HPI

16 PARK CRESCENT 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 16 PARK CRESCENT sales between April 1998 and May 2018 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 January 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 16 PARK CRESCENT be worth now?

16 PARK CRESCENT might now be worth an estimated £385,532.

This is based on house price inflation of 45.5%, between May 2018 and February 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 45.5% inflationary increase is applied to the most recent sale price for 16 PARK CRESCENT of £265,000 on 4th May 2018. For the value to have increased from £265,000 to £385,532 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 16 PARK CRESCENT has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The May 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK CRESCENT has not materially changed since May 2018.

How Large is 16 PARK CRESCENT?

16 PARK CRESCENT is 147m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% 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 16 PARK CRESCENT lies on this distribution: 80% of detached houses houses are smaller than 16 PARK CRESCENT, and 19% of houses are larger. Note that EPC data is not available for all properties in Retford.

16 PARK CRESCENT: Plot and Title Map

16 PARK CRESCENT sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 16 PARK CRESCENT, 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 16 PARK CRESCENT). 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 16 PARK CRESCENT?

16 PARK CRESCENT is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 16 on PARK CRESCENT.