DANE BANK, CHURCH LANE, CLARBOROUGH, RETFORD, DN22 9NQ - £375,000

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.

DANE BANK is a very large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £447,904. It was last sold for £375,000 in September 2021, which was around 43% above the average September 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was B.

DANE BANK Sold Prices

Land registry data shows two sales for DANE BANK 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 DANE BANK sales was for above the average price, whilst the other 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
2021 23 SEP	£375,000	£261,817	43% above HPI
2009 27 NOV	£90,500	£179,715	50% below HPI

DANE BANK 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 DANE BANK sales from November 2009 and September 2021 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 2009 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might DANE BANK be worth now?

DANE BANK might now be worth an estimated £447,904.

This is based on house price inflation of 19.4%, between September 2021 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 19.4% inflationary increase is applied to the most recent sale price for DANE BANK of £375,000 on 23rd September 2021. For the value to have increased from £375,000 to £447,904 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of DANE BANK has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The September 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of DANE BANK has not materially changed since September 2021.

How Large is DANE BANK?

DANE BANK is 183m², which includes three extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses houses in Clarborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clarborough, and where DANE BANK lies on this distribution: 86% of detached houses houses are smaller than DANE BANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Clarborough.

DANE BANK: Plot and Title Map

DANE BANK sits on a plot of roughly 0.239 of an acre, or 968m². The below map shows the location of DANE BANK, 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 DANE BANK). 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 DANE BANK?

DANE BANK is located on CHURCH LANE in CLARBOROUGH, in the DN22 postcode district. The below map shows the position of DANE BANK on CHURCH LANE.