MAGNOLIA, LANEHAM STREET, RAMPTON, RETFORD, DN22 0JX - £230,000

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.

MAGNOLIA is a very large extended detached house of 196m², built sometime between 1976 and 1982, which could now be worth an estimated £387,963. It was last sold for £230,000 in March 2015, which was around 24% above the average March 2015 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA Sold Prices

Land registry data shows two sales for MAGNOLIA 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 MAGNOLIA 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 11 MAR	£230,000	£185,391	24% above HPI
1997 4 DEC	£85,000	£68,825	24% above HPI

MAGNOLIA 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 MAGNOLIA sales from December 1997 and March 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 December 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2015 sale, which was also at 24% above the HPI.

What might MAGNOLIA be worth now?

MAGNOLIA might now be worth an estimated £387,963.

This is based on house price inflation of 68.7%, between March 2015 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 68.7% inflationary increase is applied to the most recent sale price for MAGNOLIA of £230,000 on 11th March 2015. For the value to have increased from £230,000 to £387,963 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of MAGNOLIA has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The March 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of MAGNOLIA has not materially changed since March 2015.

How Large is MAGNOLIA?

MAGNOLIA is 196m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses houses in Rampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rampton, and where MAGNOLIA lies on this distribution: 84% of detached houses houses are smaller than MAGNOLIA, and 16% of houses are larger. Note that EPC data is not available for all properties in Rampton.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.413 of an acre, or 1,673m². The below map shows the location of MAGNOLIA, 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 MAGNOLIA). 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 MAGNOLIA?

MAGNOLIA is located on LANEHAM STREET in RAMPTON, in the DN22 postcode district. The below map shows the position of MAGNOLIA on LANEHAM STREET.