4, MERTON AVENUE, RETFORD, DN22 7RG - £173,000

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

4 MERTON AVENUE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £173,000 in October 2018, which was around 24% below the average October 2018 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

4 MERTON AVENUE Sold Prices

Land registry data shows two sales for 4 MERTON AVENUE 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 4 MERTON AVENUE sales were for below 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
2018 9 OCT	£173,000	£227,565	24% below HPI
2006 25 MAY	£150,000	£180,655	17% below HPI

4 MERTON AVENUE 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 4 MERTON AVENUE sales from May 2006 and October 2018 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 May 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 MERTON AVENUE?

4 MERTON AVENUE is 71m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 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 4 MERTON AVENUE lies on this distribution: 9% of detached houses are smaller than 4 MERTON AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Retford.

4 MERTON AVENUE: Plot and Title Map

4 MERTON AVENUE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 4 MERTON AVENUE, 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 4 MERTON AVENUE). 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 4 MERTON AVENUE?

4 MERTON AVENUE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 4 on MERTON AVENUE.