41, ELMWOOD CLOSE, RETFORD, DN22 6SL - £173,500

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.

41 ELMWOOD CLOSE is a midsized detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £309,953. It was last sold for £173,500 in October 2009, which was around 1% below the average October 2009 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

41 ELMWOOD CLOSE Sold Prices

Land registry data shows two sales for 41 ELMWOOD CLOSE 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. One of the two 41 ELMWOOD CLOSE sales was for below the average price, whilst the other was 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
2009 29 OCT	£173,500	£175,047	1% below HPI
1997 10 JUL	£82,000	£66,491	23% above HPI

41 ELMWOOD CLOSE 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 41 ELMWOOD CLOSE sales from July 1997 and October 2009 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 1997 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2009 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 41 ELMWOOD CLOSE be worth now?

41 ELMWOOD CLOSE might now be worth an estimated £309,953.

This is based on house price inflation of 78.6%, between October 2009 and February 2025, for 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 78.6% inflationary increase is applied to the most recent sale price for 41 ELMWOOD CLOSE of £173,500 on 29th October 2009. For the value to have increased from £173,500 to £309,953 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 41 ELMWOOD CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The October 2009 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 41 ELMWOOD CLOSE has not materially changed since October 2009.

How Large is 41 ELMWOOD CLOSE?

41 ELMWOOD CLOSE is 110m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% of detached houses houses in Retford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Retford, and where 41 ELMWOOD CLOSE lies on this distribution: 46% of detached houses houses are smaller than 41 ELMWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Retford.

41 ELMWOOD CLOSE: Plot and Title Map

41 ELMWOOD CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 41 ELMWOOD 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 41 ELMWOOD 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 41 ELMWOOD CLOSE?

41 ELMWOOD CLOSE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 41 on ELMWOOD CLOSE.