3, FOLLY NOOK LANE, RANSKILL, RETFORD, DN22 8NQ - £180,000

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

3 FOLLY NOOK LANE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £180,000 in October 2015, which was around 8% below the average October 2015 detached price in the Bassetlaw local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

3 FOLLY NOOK LANE Sold Prices

Land registry data shows two sales for 3 FOLLY NOOK 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. One of the two 3 FOLLY NOOK LANE sales was for below the average price, whilst the other was roughly equal to 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
2015 14 OCT	£180,000	£196,438	8% below HPI
2006 25 AUG	£184,000	£184,507	Close to HPI

3 FOLLY NOOK 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 3 FOLLY NOOK LANE sales from August 2006 and October 2015 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 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 FOLLY NOOK LANE?

3 FOLLY NOOK LANE is 78m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Ranskill, based on EPC data. The below chart shows the distribution of detached houses by size in Ranskill, and where 3 FOLLY NOOK LANE lies on this distribution: 7% of detached houses are smaller than 3 FOLLY NOOK LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

3 FOLLY NOOK LANE: Plot and Title Map

3 FOLLY NOOK LANE sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 3 FOLLY NOOK 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 3 FOLLY NOOK 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 3 FOLLY NOOK LANE?

3 FOLLY NOOK LANE is located in RANSKILL, in the DN22 postcode district. The below map shows the position of No. 3 on FOLLY NOOK LANE.