RED ROOFS, LONDON ROAD, RETFORD, DN22 7JE - £265,000

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

RED ROOFS is a midsized extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £265,000 in May 2017, which was around 26% above the average May 2017 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was C.

RED ROOFS Sold Prices

Land registry data shows two sales for RED ROOFS 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 RED ROOFS 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
2017 9 MAY	£265,000	£211,099	26% above HPI
2006 31 AUG	£234,000	£184,507	27% above HPI

RED ROOFS 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 RED ROOFS sales from August 2006 and May 2017 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 August 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is RED ROOFS?

RED ROOFS is 114m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where RED ROOFS lies on this distribution: 51% of detached houses are smaller than RED ROOFS, and 47% of houses are larger. Note that EPC data is not available for all properties in Retford.

RED ROOFS: Plot and Title Map

RED ROOFS sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of RED ROOFS, 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 RED ROOFS). 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 RED ROOFS?

RED ROOFS is located on LONDON ROAD in RETFORD, in the DN22 postcode district. The below map shows the position of RED ROOFS on LONDON ROAD.