THE FERNS, LOW PASTURE LANE, NORTH WHEATLEY, RETFORD, DN22 9DQ - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE FERNS is a small extended detached house of 129m², built sometime before 1900, which could now be worth an estimated £549,253. It was last sold for £500,000 in July 2022, which was around 74% above the average July 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

THE FERNS Sold Prices

Land registry data shows four sales for THE FERNS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. The four THE FERNS sales were a mix of above the average price, and 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 6 JUL	£500,000	£287,923	74% above HPI
2017 23 JAN	£400,000	£216,468	85% above HPI
2014 2 JAN	£300,000	£177,300	69% above HPI
1997 1 OCT	£69,500	£69,559	Close to HPI

THE FERNS 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 four THE FERNS sales between October 1997 and July 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 January 2017 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the July 2022 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might THE FERNS be worth now?

THE FERNS might now be worth an estimated £549,253.

This is based on house price inflation of 9.9%, between July 2022 and December 2024, 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 9.9% inflationary increase is applied to the most recent sale price for THE FERNS of £500,000 on 6th July 2022. For the value to have increased from £500,000 to £549,253 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of THE FERNS has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The July 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of THE FERNS has not materially changed since July 2022.

How Large is THE FERNS?

THE FERNS is 129m², which includes four extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in North Wheatley, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Wheatley, and where THE FERNS lies on this distribution: 26% of detached houses houses are smaller than THE FERNS, and 74% of houses are larger. Note that EPC data is not available for all properties in North Wheatley.

THE FERNS: Plot and Title Map

THE FERNS sits on a plot of roughly 0.695 of an acre, or 2,814m². The below map shows the location of THE FERNS, 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 FERNS). 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 FERNS?

THE FERNS is located on LOW PASTURE LANE in NORTH WHEATLEY, in the DN22 postcode district. The below map shows the position of THE FERNS on LOW PASTURE LANE.