85, GROVE LANE, RETFORD, DN22 6ND - £300,000

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

85 GROVE LANE is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £300,000 in June 2023, which was around 8% above the average June 2023 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

85 GROVE LANE Sold Prices

Land registry data shows three sales for 85 GROVE LANE 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. Two of the three 85 GROVE LANE sales were for above the average price, whilst one was for below 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
2023 16 JUN	£300,000	£276,608	8% above HPI
2017 17 NOV	£212,500	£222,424	4% below HPI
2005 22 JUL	£200,000	£179,244	12% above HPI

85 GROVE LANE 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 85 GROVE LANE sales between July 2005 and June 2023 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 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 85 GROVE LANE?

85 GROVE LANE is 98m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 85 GROVE LANE lies on this distribution: 34% of detached houses are smaller than 85 GROVE LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Retford.

85 GROVE LANE: Plot and Title Map

85 GROVE LANE sits on a plot of roughly 0.254 of an acre, or 1,029m². The below map shows the location of 85 GROVE LANE, 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 85 GROVE LANE). 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 85 GROVE LANE?

85 GROVE LANE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 85 on GROVE LANE.