3, MOUNT VERNON PARK, RETFORD, DN22 7BF - £486,500

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.

3 MOUNT VERNON PARK is a very large extended detached house of 205m², built sometime between 1996 and 2002, which could now be worth an estimated £588,575. It was last sold for £486,500 in September 2021, which was around 86% above the average September 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

3 MOUNT VERNON PARK Sold Prices

Land registry data shows four sales for 3 MOUNT VERNON PARK 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 3 MOUNT VERNON PARK 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
2021 28 SEP	£486,500	£261,817	86% above HPI
2018 24 MAY	£412,500	£214,950	92% above HPI
2016 24 MAR	£375,000	£197,069	90% above HPI
2002 18 APR	£249,500	£93,811	166% above HPI

3 MOUNT VERNON PARK 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 3 MOUNT VERNON PARK sales between April 2002 and September 2021 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 May 2018 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the September 2021 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 3 MOUNT VERNON PARK be worth now?

3 MOUNT VERNON PARK might now be worth an estimated £588,575.

This is based on house price inflation of 21%, between September 2021 and August 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 21% inflationary increase is applied to the most recent sale price for 3 MOUNT VERNON PARK of £486,500 on 28th September 2021. For the value to have increased from £486,500 to £588,575 over the four years and one month to August 2025, the following assumptions must hold true:

• The value of 3 MOUNT VERNON PARK has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The September 2021 sale price of £486,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MOUNT VERNON PARK has not materially changed since September 2021.

How Large is 3 MOUNT VERNON PARK?

3 MOUNT VERNON PARK is 205m², which includes three extensions, 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 3 MOUNT VERNON PARK lies on this distribution: 94% of detached houses houses are smaller than 3 MOUNT VERNON PARK, and 6% of houses are larger. Note that EPC data is not available for all properties in Retford.

3 MOUNT VERNON PARK: Plot and Title Map

3 MOUNT VERNON PARK sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 3 MOUNT VERNON PARK, 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 3 MOUNT VERNON PARK). 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 3 MOUNT VERNON PARK?

3 MOUNT VERNON PARK is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 3 on MOUNT VERNON PARK.