THE OLD SCHOOL HALL, CHURCH LANE, RETFORD, DN22 7TU - £152,500

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 OLD SCHOOL HALL is a small extended detached house of 88m², built sometime before 1900. It was last sold for £152,500 in September 2017, which was around 29% below the average September 2017 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

THE OLD SCHOOL HALL Sold Prices

Land registry data shows two sales for THE OLD SCHOOL HALL 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 THE OLD SCHOOL HALL sales were 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
2017 15 SEP	£152,500	£214,706	29% below HPI
2004 25 FEB	£81,500	£145,735	44% below HPI

THE OLD SCHOOL HALL 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 THE OLD SCHOOL HALL sales from February 2004 and September 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 February 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is THE OLD SCHOOL HALL?

THE OLD SCHOOL HALL is 88m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% 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 OLD SCHOOL HALL lies on this distribution: 23% of detached houses are smaller than THE OLD SCHOOL HALL, and 76% of houses are larger. Note that EPC data is not available for all properties in Retford.

THE OLD SCHOOL HALL: Plot and Title Map

THE OLD SCHOOL HALL sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of THE OLD SCHOOL HALL, 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 OLD SCHOOL HALL). 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 OLD SCHOOL HALL?

THE OLD SCHOOL HALL is located on CHURCH LANE in RETFORD, in the DN22 postcode district. The below map shows the position of THE OLD SCHOOL HALL on CHURCH LANE.