71, BANKSIDE, RETFORD, DN22 7UW - £245,000

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

71 BANKSIDE is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £245,000 in October 2015, which was around 25% above the average October 2015 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

71 BANKSIDE Sold Prices

Land registry data shows two sales for 71 BANKSIDE 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 71 BANKSIDE 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
2015 21 OCT	£245,000	£196,438	25% above HPI
2001 26 JUL	£109,000	£84,472	29% above HPI

71 BANKSIDE 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 71 BANKSIDE sales from July 2001 and October 2015 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 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2015 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 71 BANKSIDE?

71 BANKSIDE is 137m², which includes two extensions, according to the EPC inspection conducted in May 2014. 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 71 BANKSIDE lies on this distribution: 73% of detached houses are smaller than 71 BANKSIDE, and 26% of houses are larger. Note that EPC data is not available for all properties in Retford.

71 BANKSIDE: Plot and Title Map

71 BANKSIDE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 71 BANKSIDE, 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 71 BANKSIDE). 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 71 BANKSIDE?

71 BANKSIDE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 71 on BANKSIDE.