VERNON LODGE, HARCOURT PLACE, RETFORD, DN22 7HW - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VERNON LODGE is a very large detached house of 257m², which could now be worth an estimated £615,981. It was last sold for £355,000 in April 2013, which was around 97% above the average April 2013 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was B.

VERNON LODGE Sold Prices

Land registry data shows four sales for VERNON LODGE 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. All of the four VERNON LODGE sales 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
2013 26 APR	£355,000	£180,224	97% above HPI
2006 20 MAR	£300,000	£182,405	64% above HPI
2003 23 SEP	£246,000	£137,041	80% above HPI
1996 4 SEP	£107,000	£68,118	57% above HPI

VERNON LODGE 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 VERNON LODGE sales between September 1996 and April 2013 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 March 2006 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the April 2013 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might VERNON LODGE be worth now?

VERNON LODGE might now be worth an estimated £615,981.

This is based on house price inflation of 73.5%, between April 2013 and February 2025, 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 73.5% inflationary increase is applied to the most recent sale price for VERNON LODGE of £355,000 on 26th April 2013. For the value to have increased from £355,000 to £615,981 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of VERNON LODGE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The April 2013 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of VERNON LODGE has not materially changed since April 2013.

How Large is VERNON LODGE?

VERNON LODGE is 257m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Retford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Retford, and where VERNON LODGE lies on this distribution: 98% of detached houses houses are smaller than VERNON LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Retford.

VERNON LODGE: Plot and Title Map

VERNON LODGE sits on a plot of roughly 0.512 of an acre, or 2,070m². The below map shows the location of VERNON LODGE, 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 VERNON LODGE). 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 VERNON LODGE?

VERNON LODGE is located on HARCOURT PLACE in RETFORD, in the DN22 postcode district. The below map shows the position of VERNON LODGE on HARCOURT PLACE.