4, OAKS CLOSE, RANSKILL, RETFORD, DN22 8PH - £215,000

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.

4 OAKS CLOSE is a very small semi-detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £225,643. It was last sold for £215,000 in October 2022, which was around 23% above the average October 2022 semi-detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

4 OAKS CLOSE Sold Prices

Land registry data shows three sales for 4 OAKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bassetlaw local authority area for the corresponding sale date. All of the three 4 OAKS CLOSE 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
2022 21 OCT	£215,000	£174,855	23% above HPI
2020 3 JUL	£164,500	£136,331	21% above HPI
1997 12 SEP	£44,000	£37,587	17% above HPI

4 OAKS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The three 4 OAKS CLOSE sales between September 1997 and October 2022 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 July 2020 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 4 OAKS CLOSE be worth now?

4 OAKS CLOSE might now be worth an estimated £225,643.

This is based on house price inflation of 5%, between October 2022 and February 2025, for semi-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 5% inflationary increase is applied to the most recent sale price for 4 OAKS CLOSE of £215,000 on 21st October 2022. For the value to have increased from £215,000 to £225,643 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 OAKS CLOSE has moved in line with the HPI for semi-detached houses in the Bassetlaw local authority area.
• The October 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKS CLOSE has not materially changed since October 2022.

How Large is 4 OAKS CLOSE?

4 OAKS CLOSE is 64m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Ranskill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ranskill, and where 4 OAKS CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 4 OAKS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

4 OAKS CLOSE: Plot and Title Map

4 OAKS CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 4 OAKS CLOSE, 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 OAKS CLOSE). 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 OAKS CLOSE?

4 OAKS CLOSE is located in RANSKILL, in the DN22 postcode district. The below map shows the position of No. 4 on OAKS CLOSE.