MAGNOLIA, LANEHAM STREET, RAMPTON, RETFORD, DN22 0JX - £230,000

MAGNOLIA is a very large extended detached house of 196m², built sometime between 1976 and 1982. It was last sold for £230,000 in March 2015, which was around 25% above the average March 2015 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

MAGNOLIA Sold Prices

Land registry data shows two sales for MAGNOLIA 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 MAGNOLIA 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
2015 11 MAR	£230,000	£183,369	25% above HPI
1997 4 DEC	£85,000	£68,075	25% above HPI

MAGNOLIA 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 MAGNOLIA sales from December 1997 and March 2015 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 December 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2015 sale, which was also at 25% above the HPI.

How Large is MAGNOLIA?

MAGNOLIA is 196m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Rampton, based on EPC data. The below chart shows the distribution of detached houses by size in Rampton, and where MAGNOLIA lies on this distribution: 84% of detached houses are smaller than MAGNOLIA, and 16% of houses are larger. Note that EPC data is not available for all properties in Rampton.

MAGNOLIA: Plot and Title Map

MAGNOLIA sits on a plot of roughly 0.413 of an acre, or 1,673m². The below map shows the location of MAGNOLIA, 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 MAGNOLIA). 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 MAGNOLIA?

MAGNOLIA is located on LANEHAM STREET in RAMPTON, in the DN22 postcode district. The below map shows the position of MAGNOLIA on LANEHAM STREET.