PENNYWORTH, GREAT NORTH ROAD, RANSKILL, RETFORD, DN22 8NJ - £250,000

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

PENNYWORTH is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £250,000 in April 2022, which was around 10% below the average April 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

PENNYWORTH Sold Prices

Land registry data shows two sales for PENNYWORTH 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 PENNYWORTH sales was for below the average price, whilst the other was roughly equal to 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
2022 27 APR	£250,000	£276,616	10% below HPI
2000 19 MAY	£72,500	£72,791	Close to HPI

PENNYWORTH 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 PENNYWORTH sales from May 2000 and April 2022 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 May 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is PENNYWORTH?

PENNYWORTH is 90m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Ranskill, based on EPC data. The below chart shows the distribution of detached houses by size in Ranskill, and where PENNYWORTH lies on this distribution: 20% of detached houses are smaller than PENNYWORTH, and 80% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

PENNYWORTH: Plot and Title Map

PENNYWORTH sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of PENNYWORTH, 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 PENNYWORTH). 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 PENNYWORTH?

PENNYWORTH is located on GREAT NORTH ROAD in RANSKILL, in the DN22 postcode district. The below map shows the position of PENNYWORTH on GREAT NORTH ROAD.