SPRINGFIELD COTTAGE, MAIN STREET, LANEHAM, RETFORD, DN22 0NG - £340,000

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

SPRINGFIELD COTTAGE is a large extended detached house of 187m², built sometime before 1900. It was last sold for £340,000 in November 2006, which was around 80% above the average November 2006 detached price in the Bassetlaw local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD COTTAGE Sold Prices

Land registry data shows two sales for SPRINGFIELD COTTAGE 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 SPRINGFIELD COTTAGE sales was for above the average price, whilst the other was for below 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
2006 3 NOV	£340,000	£189,182	80% above HPI
2003 23 MAY	£85,000	£122,780	31% below HPI

SPRINGFIELD 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 two SPRINGFIELD COTTAGE sales from May 2003 and November 2006 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2006 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is SPRINGFIELD COTTAGE?

SPRINGFIELD COTTAGE is 187m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses in Laneham, based on EPC data. The below chart shows the distribution of detached houses by size in Laneham, and where SPRINGFIELD COTTAGE lies on this distribution: 73% of detached houses are smaller than SPRINGFIELD COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Laneham.

SPRINGFIELD COTTAGE: Plot and Title Map

SPRINGFIELD COTTAGE sits on a plot of roughly 2.6 acres, or 10,408m². The below map shows the location of SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD COTTAGE?

SPRINGFIELD COTTAGE is located on MAIN STREET in LANEHAM, in the DN22 postcode district. The below map shows the position of SPRINGFIELD COTTAGE on MAIN STREET.