TIMARU, BIG LANE, CLARBOROUGH, RETFORD, DN22 9LT - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TIMARU is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2022, which was around 12% below the average May 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was A.

TIMARU Sold Prices

Land registry data shows two sales for TIMARU 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 TIMARU 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
2022 3 MAY	£245,000	£277,644	12% below HPI
2020 26 JUN	£160,000	£228,050	30% below HPI

TIMARU 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 TIMARU sales from June 2020 and May 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 June 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is TIMARU?

TIMARU is 62m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Clarborough, based on EPC data. The below chart shows the distribution of detached houses by size in Clarborough, and where TIMARU lies on this distribution: 4% of detached houses are smaller than TIMARU, and 96% of houses are larger. Note that EPC data is not available for all properties in Clarborough.

TIMARU: Plot and Title Map

TIMARU sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of TIMARU, 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 TIMARU). 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 TIMARU?

TIMARU is located on BIG LANE in CLARBOROUGH, in the DN22 postcode district. The below map shows the position of TIMARU on BIG LANE.