40, RECTORS GATE, RETFORD, DN22 7TX - £425,000

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

40 RECTORS GATE is a large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £425,000 in May 2022, which was around 53% above the average May 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

40 RECTORS GATE Sold Prices

Land registry data shows five sales for 40 RECTORS GATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the five 40 RECTORS GATE 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 27 MAY	£425,000	£277,644	53% above HPI
2013 5 NOV	£246,000	£184,570	33% above HPI
2011 16 SEP	£249,995	£172,215	45% above HPI
2006 25 AUG	£250,000	£184,507	35% above HPI
2000 28 MAR	£122,500	£73,211	67% above HPI

40 RECTORS GATE 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 five 40 RECTORS GATE sales between March 2000 and May 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 November 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 40 RECTORS GATE?

40 RECTORS GATE is 133m² according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 40 RECTORS GATE lies on this distribution: 70% of detached houses are smaller than 40 RECTORS GATE, and 29% of houses are larger. Note that EPC data is not available for all properties in Retford.

40 RECTORS GATE: Plot and Title Map

40 RECTORS GATE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 40 RECTORS GATE, 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 40 RECTORS GATE). 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 40 RECTORS GATE?

40 RECTORS GATE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 40 on RECTORS GATE.