3, PARK MEWS, RETFORD, DN22 6UT - £295,000

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 PARK MEWS is a very large extended detached house of 185m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2016, which was around 51% above the average March 2016 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

3 PARK MEWS Sold Prices

Land registry data shows two sales for 3 PARK MEWS 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. Both of the two 3 PARK MEWS 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
2016 11 MAR	£295,000	£194,919	51% above HPI
2001 21 DEC	£200,000	£87,480	129% above HPI

3 PARK MEWS 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 PARK MEWS sales from December 2001 and March 2016 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 December 2001 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the March 2016 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 3 PARK MEWS?

3 PARK MEWS is 185m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 3 PARK MEWS lies on this distribution: 91% of detached houses are smaller than 3 PARK MEWS, and 9% of houses are larger. Note that EPC data is not available for all properties in Retford.

3 PARK MEWS: Plot and Title Map

3 PARK MEWS sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 PARK MEWS, 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 PARK MEWS). 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 PARK MEWS?

3 PARK MEWS is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 3 on PARK MEWS.