31, BANKSIDE, RETFORD, DN22 7UW - £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

31 BANKSIDE is a very large extended detached house of 168m², built sometime between 1967 and 1975. It was last sold for £295,000 in June 2017, which was around 39% above the average June 2017 detached price in the Bassetlaw local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

31 BANKSIDE Sold Prices

Land registry data shows three sales for 31 BANKSIDE 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 31 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
2017 15 JUN	£295,000	£212,976	39% above HPI
2012 23 AUG	£295,000	£177,181	66% above HPI
2004 26 MAR	£229,050	£148,752	54% above HPI

31 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 three 31 BANKSIDE sales between March 2004 and June 2017 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 2012 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the June 2017 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 31 BANKSIDE?

31 BANKSIDE is 168m², which includes two extensions, according to the EPC inspection conducted in February 2012. 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 31 BANKSIDE lies on this distribution: 87% of detached houses are smaller than 31 BANKSIDE, and 13% of houses are larger. Note that EPC data is not available for all properties in Retford.

31 BANKSIDE: Plot and Title Map

31 BANKSIDE sits on a plot of roughly 0.334 of an acre, or 1,350m². The below map shows the location of 31 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 31 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 31 BANKSIDE?

31 BANKSIDE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 31 on BANKSIDE.