7, THE SHETLANDS, RETFORD, DN22 6YA - £305,000

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

7 THE SHETLANDS is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £305,000 in November 2017, which was around 37% above the average November 2017 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.

7 THE SHETLANDS Sold Prices

Land registry data shows three sales for 7 THE SHETLANDS 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 7 THE SHETLANDS 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 30 NOV	£305,000	£222,424	37% above HPI
2001 12 SEP	£147,500	£89,248	65% above HPI
2000 20 APR	£139,995	£71,423	96% above HPI

7 THE SHETLANDS 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 7 THE SHETLANDS sales between April 2000 and November 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 September 2001 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2017 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 7 THE SHETLANDS?

7 THE SHETLANDS is 174m² according to the EPC inspection conducted in February 2022. 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 7 THE SHETLANDS lies on this distribution: 89% of detached houses are smaller than 7 THE SHETLANDS, and 11% of houses are larger. Note that EPC data is not available for all properties in Retford.

7 THE SHETLANDS: Plot and Title Map

7 THE SHETLANDS sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 7 THE SHETLANDS, 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 7 THE SHETLANDS). 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 7 THE SHETLANDS?

7 THE SHETLANDS is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 7 on THE SHETLANDS.