HOLMELEA, TOP STREET, EAST DRAYTON, RETFORD, DN22 0LG - £510,000

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.

HOLMELEA is a very large extended detached house of 217m², built sometime between 1991 and 1995, which could now be worth an estimated £663,015. It was last sold for £510,000 in December 2019, which was around 112% above the average December 2019 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

HOLMELEA Sold Prices

Land registry data shows two sales for HOLMELEA 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 HOLMELEA 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
2019 19 DEC	£510,000	£240,546	112% above HPI
2016 28 OCT	£350,000	£209,366	67% above HPI

HOLMELEA 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 HOLMELEA sales from October 2016 and December 2019 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 October 2016 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the December 2019 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

What might HOLMELEA be worth now?

HOLMELEA might now be worth an estimated £663,015.

This is based on house price inflation of 30%, between December 2019 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 30% inflationary increase is applied to the most recent sale price for HOLMELEA of £510,000 on 19th December 2019. For the value to have increased from £510,000 to £663,015 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of HOLMELEA has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The December 2019 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of HOLMELEA has not materially changed since December 2019.

How Large is HOLMELEA?

HOLMELEA is 217m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses houses in East Drayton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Drayton, and where HOLMELEA lies on this distribution: 80% of detached houses houses are smaller than HOLMELEA, and 17% of houses are larger. Note that EPC data is not available for all properties in East Drayton.

HOLMELEA: Plot and Title Map

HOLMELEA sits on a plot of roughly 0.745 of an acre, or 3,015m². The below map shows the location of HOLMELEA, 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 HOLMELEA). 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 HOLMELEA?

HOLMELEA is located on TOP STREET in EAST DRAYTON, in the DN22 postcode district. The below map shows the position of HOLMELEA on TOP STREET.