THE COTTAGE, LONDON ROAD, RETFORD, DN22 7JG - £65,000

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

THE COTTAGE is a midsized extended detached house of 121m², built sometime before 1900. It was last sold for £65,000 in December 2000, which was around 19% below the average December 2000 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. One of the three THE COTTAGE sales was for below the average price, whilst two 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
2000 15 DEC	£65,000	£80,409	19% below HPI
2000 21 JAN	£88,950	£73,765	21% above HPI
1995 31 MAR	£78,000	£64,388	21% above HPI

THE 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 three THE COTTAGE sales between March 1995 and December 2000 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 January 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2000 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 121m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where THE COTTAGE lies on this distribution: 59% of detached houses are smaller than THE COTTAGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Retford.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

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