24, SOUTHFALL CLOSE, RANSKILL, RETFORD, DN22 8NE - £225,000

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.

24 SOUTHFALL CLOSE is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £246,935. It was last sold for £225,000 in May 2022, which was around 20% below the average May 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

24 SOUTHFALL CLOSE Sold Prices

Land registry data shows two sales for 24 SOUTHFALL CLOSE 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 24 SOUTHFALL CLOSE 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 6 MAY	£225,000	£280,706	20% below HPI
2018 20 APR	£148,000	£220,071	33% below HPI

24 SOUTHFALL 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 two 24 SOUTHFALL CLOSE sales from April 2018 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 April 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 24 SOUTHFALL CLOSE be worth now?

24 SOUTHFALL CLOSE might now be worth an estimated £246,935.

This is based on house price inflation of 9.7%, between May 2022 and July 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 9.7% inflationary increase is applied to the most recent sale price for 24 SOUTHFALL CLOSE of £225,000 on 6th May 2022. For the value to have increased from £225,000 to £246,935 over the two years and ten months to July 2025, the following assumptions must hold true:

• The value of 24 SOUTHFALL CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The May 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SOUTHFALL CLOSE has not materially changed since May 2022.

How Large is 24 SOUTHFALL CLOSE?

24 SOUTHFALL CLOSE is 87m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 24 SOUTHFALL CLOSE lies on this distribution: 17% of detached houses houses are smaller than 24 SOUTHFALL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

24 SOUTHFALL CLOSE: Plot and Title Map

24 SOUTHFALL CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 24 SOUTHFALL 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 24 SOUTHFALL 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 24 SOUTHFALL CLOSE?

24 SOUTHFALL CLOSE is located in RANSKILL, in the DN22 postcode district. The below map shows the position of No. 24 on SOUTHFALL CLOSE.