27, BANKSIDE, RETFORD, DN22 7UW - £410,000

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.

27 BANKSIDE is a very large extended detached house of 174m², built sometime between 1976 and 1982, which could now be worth an estimated £496,982. It was last sold for £410,000 in July 2021, which was around 59% above the average July 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

27 BANKSIDE Sold Prices

Land registry data shows four sales for 27 BANKSIDE 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 27 BANKSIDE 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
2021 30 JUL	£410,000	£257,985	59% above HPI
2018 15 JUN	£325,000	£216,775	50% above HPI
2009 1 OCT	£280,000	£175,047	60% above HPI
1997 28 NOV	£79,500	£69,595	14% above HPI

27 BANKSIDE 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 27 BANKSIDE sales between November 1997 and July 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 June 2018 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2021 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 27 BANKSIDE be worth now?

27 BANKSIDE might now be worth an estimated £496,982.

This is based on house price inflation of 21.2%, between July 2021 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 21.2% inflationary increase is applied to the most recent sale price for 27 BANKSIDE of £410,000 on 30th July 2021. For the value to have increased from £410,000 to £496,982 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 27 BANKSIDE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The July 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BANKSIDE has not materially changed since July 2021.

How Large is 27 BANKSIDE?

27 BANKSIDE is 174m², which includes three extensions, according to the EPC inspection conducted in June 2018. 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 27 BANKSIDE lies on this distribution: 89% of detached houses houses are smaller than 27 BANKSIDE, and 11% of houses are larger. Note that EPC data is not available for all properties in Retford.

27 BANKSIDE: Plot and Title Map

27 BANKSIDE sits on a plot of roughly 0.403 of an acre, or 1,632m². The below map shows the location of 27 BANKSIDE, 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 27 BANKSIDE). 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 27 BANKSIDE?

27 BANKSIDE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 27 on BANKSIDE.