FAIRLANDS, FIVE FIELDS LANE, RETFORD, DN22 7HQ - £175,000

FAIRLANDS is a large detached house of 142m², built sometime between 1967 and 1975. It was last sold for £175,000 in November 2013, which was around 5% below the average November 2013 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

FAIRLANDS Sold Prices

Land registry data shows two sales for FAIRLANDS 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. One of the two FAIRLANDS sales was for below the average price, whilst the other was 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
2013 18 NOV	£175,000	£184,570	5% below HPI
2000 19 JUL	£110,000	£77,557	42% above HPI

FAIRLANDS 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 FAIRLANDS sales from July 2000 and November 2013 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 July 2000 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is FAIRLANDS?

FAIRLANDS is 142m² according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where FAIRLANDS lies on this distribution: 77% of detached houses are smaller than FAIRLANDS, and 22% of houses are larger. Note that EPC data is not available for all properties in Retford.

FAIRLANDS: Plot and Title Map

FAIRLANDS sits on a plot of roughly 0.268 of an acre, or 1,085m². The below map shows the location of FAIRLANDS, 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 FAIRLANDS). 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 FAIRLANDS?

FAIRLANDS is located on FIVE FIELDS LANE in RETFORD, in the DN22 postcode district. The below map shows the position of FAIRLANDS on FIVE FIELDS LANE.