17, THE DRIVE, RETFORD, DN22 6SD - £625,000

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

17 THE DRIVE is a very large extended detached house of 256m², built sometime between 1976 and 1982. It was last sold for £625,000 in February 2023, which was around 125% above the average February 2023 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

17 THE DRIVE Sold Prices

Land registry data shows three sales for 17 THE DRIVE 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 17 THE DRIVE 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
2023 3 FEB	£625,000	£277,252	125% above HPI
2005 26 AUG	£395,000	£178,162	122% above HPI
1995 15 SEP	£92,000	£66,192	39% above HPI

17 THE DRIVE 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 17 THE DRIVE sales between September 1995 and February 2023 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 August 2005 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the February 2023 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is 17 THE DRIVE?

17 THE DRIVE is 256m², which includes three extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 17 THE DRIVE lies on this distribution: 98% of detached houses are smaller than 17 THE DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Retford.

17 THE DRIVE: Plot and Title Map

17 THE DRIVE sits on a plot of roughly 0.406 of an acre, or 1,643m². The below map shows the location of 17 THE DRIVE, 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 17 THE DRIVE). 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 17 THE DRIVE?

17 THE DRIVE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 17 on THE DRIVE.