12, LOWFIELD CLOSE, RANSKILL, RETFORD, DN22 8GA - £230,000

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.

12 LOWFIELD CLOSE is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £315,918. It was last sold for £230,000 in August 2019, which was around 1% above the average August 2019 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

12 LOWFIELD CLOSE Sold Prices

Land registry data shows four sales for 12 LOWFIELD CLOSE 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. Most of the four 12 LOWFIELD CLOSE 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
2019 2 AUG	£230,000	£227,722	1% above HPI
2013 28 MAR	£165,000	£175,496	6% below HPI
2005 26 AUG	£195,000	£180,126	8% above HPI
2002 12 JUL	£109,450	£100,733	9% above HPI

12 LOWFIELD CLOSE 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 12 LOWFIELD CLOSE sales between July 2002 and August 2019 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 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12 LOWFIELD CLOSE be worth now?

12 LOWFIELD CLOSE might now be worth an estimated £315,918.

This is based on house price inflation of 37.4%, between August 2019 and April 2026, 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 37.4% inflationary increase is applied to the most recent sale price for 12 LOWFIELD CLOSE of £230,000 on 2nd August 2019. For the value to have increased from £230,000 to £315,918 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 12 LOWFIELD CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The August 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOWFIELD CLOSE has not materially changed since August 2019.

How Large is 12 LOWFIELD CLOSE?

12 LOWFIELD CLOSE is 101m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses houses in Ranskill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ranskill, and where 12 LOWFIELD CLOSE lies on this distribution: 27% of detached houses houses are smaller than 12 LOWFIELD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

12 LOWFIELD CLOSE: Plot and Title Map

12 LOWFIELD CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 12 LOWFIELD CLOSE, 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 12 LOWFIELD CLOSE). 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 12 LOWFIELD CLOSE?

12 LOWFIELD CLOSE is located in RANSKILL, in the DN22 postcode district. The below map shows the position of No. 12 on LOWFIELD CLOSE.