2, SPA COMMON, RETFORD, DN22 6LQ - £240,000

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

2 SPA COMMON is a very large detached house of 176m², built sometime between 1900 and 1929. It was last sold for £240,000 in December 2010, which was around 36% above the average December 2010 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

2 SPA COMMON Sold Prices

Land registry data shows three sales for 2 SPA COMMON 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 2 SPA COMMON 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
2010 17 DEC	£240,000	£175,863	36% above HPI
2008 18 APR	£250,000	£189,806	32% above HPI
2002 9 AUG	£123,500	£104,278	18% above HPI

2 SPA COMMON 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 2 SPA COMMON sales between August 2002 and December 2010 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 April 2008 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2010 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 2 SPA COMMON?

2 SPA COMMON is 176m² according to the EPC inspection conducted in October 2022. 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 2 SPA COMMON lies on this distribution: 90% of detached houses are smaller than 2 SPA COMMON, and 10% of houses are larger. Note that EPC data is not available for all properties in Retford.

2 SPA COMMON: Plot and Title Map

2 SPA COMMON sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 2 SPA COMMON, 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 2 SPA COMMON). 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 2 SPA COMMON?

2 SPA COMMON is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 2 on SPA COMMON.