2, WELBECK GROVE, BINGHAM, NOTTINGHAM, NG13 8RF - £185,000

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

2 WELBECK GROVE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £246,260. It was last sold for £185,000 in December 2017, which was around 49% below the average December 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

2 WELBECK GROVE Sold Prices

Land registry data shows three sales for 2 WELBECK GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 2 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
2017 11 DEC	£185,000	£362,485	49% below HPI
2014 28 MAR	£150,000	£279,168	46% below HPI
2009 25 FEB	£110,000	£247,155	55% below HPI

2 WELBECK GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 2 WELBECK GROVE sales between February 2009 and December 2017 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 March 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 WELBECK GROVE be worth now?

2 WELBECK GROVE might now be worth an estimated £246,260.

This is based on house price inflation of 33.1%, between December 2017 and December 2024, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for 2 WELBECK GROVE of £185,000 on 11th December 2017. For the value to have increased from £185,000 to £246,260 over the seven years 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 Rushcliffe local authority area.
• The December 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELBECK GROVE has not materially changed since December 2017.

How Large is 2 WELBECK GROVE?

2 WELBECK GROVE is 55m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 2 WELBECK GROVE lies on this distribution: 2% of detached houses houses are smaller than 2 WELBECK GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bingham.

2 WELBECK GROVE: Plot and Title Map

2 WELBECK GROVE sits on a plot of roughly 0.047 of an acre, or 190m². 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 BINGHAM, in the NG13 postcode district. The below map shows the position of No. 2 on WELBECK GROVE.