FORGE COTTAGE, LOW STREET, NORTH WHEATLEY, RETFORD, DN22 9DS - £550,000

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

FORGE COTTAGE is a large extended detached house of 181m², built sometime before 1900. It was last sold for £550,000 in January 2024, which was around 96% above the average January 2024 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

FORGE COTTAGE Sold Prices

Land registry data shows four sales for FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the four FORGE COTTAGE 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
2024 19 JAN	£550,000	£280,766	96% above HPI
2018 20 JUN	£450,000	£214,411	110% above HPI
2001 4 JAN	£132,000	£79,878	65% above HPI
1999 28 MAY	£120,000	£71,919	67% above HPI

FORGE COTTAGE 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 four FORGE COTTAGE sales between May 1999 and January 2024 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 June 2018 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the January 2024 sale, where it falls to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 181m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses in North Wheatley, based on EPC data. The below chart shows the distribution of detached houses by size in North Wheatley, and where FORGE COTTAGE lies on this distribution: 67% of detached houses are smaller than FORGE COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in North Wheatley.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.256 of an acre, or 1,035m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located on LOW STREET in NORTH WHEATLEY, in the DN22 postcode district. The below map shows the position of FORGE COTTAGE on LOW STREET.