8, LOWFIELD CLOSE, RANSKILL, RETFORD, DN22 8GA - £295,000

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.

8 LOWFIELD CLOSE is a midsized extended detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £321,961. It was last sold for £295,000 in December 2023, which was around 3% above the average December 2023 detached price in the Bassetlaw local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

8 LOWFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 LOWFIELD 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 8 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
2023 4 DEC	£295,000	£286,596	3% above HPI
2002 30 JAN	£110,950	£90,157	23% above HPI

8 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 two 8 LOWFIELD CLOSE sales from January 2002 and December 2023 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 January 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 LOWFIELD CLOSE be worth now?

8 LOWFIELD CLOSE might now be worth an estimated £321,961.

This is based on house price inflation of 9.1%, between December 2023 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 9.1% inflationary increase is applied to the most recent sale price for 8 LOWFIELD CLOSE of £295,000 on 4th December 2023. For the value to have increased from £295,000 to £321,961 over the three years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 LOWFIELD CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The December 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOWFIELD CLOSE has not materially changed since December 2023.

How Large is 8 LOWFIELD CLOSE?

8 LOWFIELD CLOSE is 132m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% 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 8 LOWFIELD CLOSE lies on this distribution: 55% of detached houses houses are smaller than 8 LOWFIELD CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ranskill.

8 LOWFIELD CLOSE: Plot and Title Map

8 LOWFIELD CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 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 8 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 8 LOWFIELD CLOSE?

8 LOWFIELD CLOSE is located in RANSKILL, in the DN22 postcode district. The below map shows the position of No. 8 on LOWFIELD CLOSE.