2, WELBECK GROVE, ALLESTREE, DERBY, DE22 2LR - £247,500

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

2 WELBECK GROVE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £410,599. It was last sold for £247,500 in July 2013, which was around 27% above the average July 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

2 WELBECK GROVE Sold Prices

Land registry data shows two sales for 2 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. One of the two 2 WELBECK GROVE sales was for above the average price, whilst the other was 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
2013 30 JUL	£247,500	£194,500	27% above HPI
2006 7 AUG	£180,000	£195,362	8% below HPI

2 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 2 WELBECK GROVE sales from August 2006 and July 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 August 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2013 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 WELBECK GROVE be worth now?

2 WELBECK GROVE might now be worth an estimated £410,599.

This is based on house price inflation of 65.9%, between July 2013 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 65.9% inflationary increase is applied to the most recent sale price for 2 WELBECK GROVE of £247,500 on 30th July 2013. For the value to have increased from £247,500 to £410,599 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 WELBECK GROVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 2013 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WELBECK GROVE has not materially changed since July 2013.

How Large is 2 WELBECK GROVE?

2 WELBECK GROVE is 77m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 2 WELBECK GROVE lies on this distribution: 18% of detached houses houses are smaller than 2 WELBECK GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 WELBECK GROVE: Plot and Title Map

2 WELBECK GROVE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 2 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 2 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 2 WELBECK GROVE?

2 WELBECK GROVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 2 on WELBECK GROVE.