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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Mayfield, Retford is £583,011 and the estimated rental value is £1,965 per month.
Bone Mill Lane, Welham, Retford, DN22 is located in the borough of Bassetlaw within the DN22 postal district.
Mayfield, Retford has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Mayfield, Retford is in very good condition we estimate a sale value of £612,161 and a rental value of £2,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,200 and a rental value of £1,827 per month.
Over the last 12 months the sale value of Mayfield Retford has decreased by an estimated £10,166 (1.7%) and its rental value has increased by an estimated £57 per month (2.9%), giving an expected gross yield of 4%.
According to data from HM Land Registry, Mayfield, Retford sits on a plot of 5176m2.
We have plot size data on 3 out of 5 other houses in the postcode and Mayfield, Retford sits on the 3rd largest plot.
Mayfield, Retford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, Mayfield, Retford was last sold on 28th September 2021 for £540,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2021, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mayfield, Retford within a radius of 2.0 kilometres over the last 2 years.
The most recent example is Bolham Cottage Farm, Smeath Road, Retford, DN22 9JL, a freehold house which sold for £575,000 on the 25th May 2022.
Read more about house prices in DN22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bone Mill Lane, Welham, Retford, DN22 has a total of 5 addresses. According to our analysis of all the public data, Mayfield, Retford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in DN22.
The closest station to Mayfield, Retford is Retford station which is 3.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Mayfield, Retford, 61.3% of property is privately owned outright and 30.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Mayfield, Retford, 17.3% of residents are recorded as possessing school level qualifications and 35.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mayfield, Retford, the average age was 46.5 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Mayfield, Retford, 0.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Mayfield, Retford, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.