18, WELHAM GROVE, RETFORD, DN22 6TS - £180,000

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.

18 WELHAM GROVE is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £236,822. It was last sold for £180,000 in February 2020, which was around 24% below the average February 2020 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

18 WELHAM GROVE Sold Prices

Land registry data shows two sales for 18 WELHAM 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 Bassetlaw local authority area for the corresponding sale date. Both of the two 18 WELHAM 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
2020 7 FEB	£180,000	£237,685	24% below HPI
1998 21 APR	£63,500	£68,729	8% below HPI

18 WELHAM GROVE 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 18 WELHAM GROVE sales from April 1998 and February 2020 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 April 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 18 WELHAM GROVE be worth now?

18 WELHAM GROVE might now be worth an estimated £236,822.

This is based on house price inflation of 31.6%, between February 2020 and February 2025, 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 31.6% inflationary increase is applied to the most recent sale price for 18 WELHAM GROVE of £180,000 on 7th February 2020. For the value to have increased from £180,000 to £236,822 over the five years to February 2025, the following assumptions must hold true:

• The value of 18 WELHAM GROVE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The February 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WELHAM GROVE has not materially changed since February 2020.

How Large is 18 WELHAM GROVE?

18 WELHAM GROVE is 98m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Retford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Retford, and where 18 WELHAM GROVE lies on this distribution: 33% of detached houses houses are smaller than 18 WELHAM GROVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Retford.

18 WELHAM GROVE: Plot and Title Map

18 WELHAM GROVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 18 WELHAM 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 18 WELHAM 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 18 WELHAM GROVE?

18 WELHAM GROVE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 18 on WELHAM GROVE.