12, WELBECK GROVE, ALLESTREE, DERBY, DE22 2LR - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 WELBECK GROVE is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £302,561. It was last sold for £195,000 in September 2014, which was around 6% below the average September 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 WELBECK GROVE Sold Prices

Land registry data shows two sales for 12 WELBECK GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 12 WELBECK GROVE sales were for below 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
2014 18 SEP	£195,000	£207,962	6% below HPI
2003 28 FEB	£41,100	£135,973	70% below HPI

12 WELBECK GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 12 WELBECK GROVE sales from February 2003 and September 2014 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 February 2003 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the September 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 12 WELBECK GROVE be worth now?

12 WELBECK GROVE might now be worth an estimated £302,561.

This is based on house price inflation of 55.2%, between September 2014 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 12 WELBECK GROVE of £195,000 on 18th September 2014. For the value to have increased from £195,000 to £302,561 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 WELBECK GROVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2014 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WELBECK GROVE has not materially changed since September 2014.

How Large is 12 WELBECK GROVE?

12 WELBECK GROVE is 67m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 12 WELBECK GROVE lies on this distribution: 8% of detached houses houses are smaller than 12 WELBECK GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 WELBECK GROVE: Plot and Title Map

12 WELBECK GROVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 12 WELBECK GROVE, 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 12 WELBECK GROVE). 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 12 WELBECK GROVE?

12 WELBECK GROVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 12 on WELBECK GROVE.