7, ELMWOOD CLOSE, RETFORD, DN22 6SL - £175,000

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.

7 ELMWOOD CLOSE is a large detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £320,645. It was last sold for £175,000 in February 2012, which was around 1% above the average February 2012 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

7 ELMWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 ELMWOOD 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 7 ELMWOOD 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
2012 7 FEB	£175,000	£172,874	1% above HPI
2007 7 JUN	£216,180	£190,885	13% above HPI

7 ELMWOOD 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 7 ELMWOOD CLOSE sales from June 2007 and February 2012 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 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 ELMWOOD CLOSE be worth now?

7 ELMWOOD CLOSE might now be worth an estimated £320,645.

This is based on house price inflation of 83.2%, between February 2012 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 83.2% inflationary increase is applied to the most recent sale price for 7 ELMWOOD CLOSE of £175,000 on 7th February 2012. For the value to have increased from £175,000 to £320,645 over the twelve years and six months to August 2025, the following assumptions must hold true:

• The value of 7 ELMWOOD CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The February 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELMWOOD CLOSE has not materially changed since February 2012.

How Large is 7 ELMWOOD CLOSE?

7 ELMWOOD CLOSE is 129m² according to the EPC inspection conducted in May 2011. This puts it in the largest 40% 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 7 ELMWOOD CLOSE lies on this distribution: 67% of detached houses houses are smaller than 7 ELMWOOD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Retford.

7 ELMWOOD CLOSE: Plot and Title Map

7 ELMWOOD CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 7 ELMWOOD 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 7 ELMWOOD 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 7 ELMWOOD CLOSE?

7 ELMWOOD CLOSE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 7 on ELMWOOD CLOSE.