48, WELHAM GROVE, RETFORD, DN22 6TS - £177,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 WELHAM GROVE is a very small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £177,000 in June 2021, which was around 32% below the average June 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

48 WELHAM GROVE Sold Prices

Land registry data shows four sales for 48 WELHAM GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the four 48 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
2021 30 JUN	£177,000	£260,039	32% below HPI
2009 15 MAY	£120,000	£168,142	29% below HPI
2004 29 JUN	£134,000	£155,165	14% below HPI
1996 10 MAY	£47,500	£64,855	27% below HPI

48 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 four 48 WELHAM GROVE sales between May 1996 and June 2021 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 May 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 WELHAM GROVE?

48 WELHAM GROVE is 76m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 48 WELHAM GROVE lies on this distribution: 12% of detached houses are smaller than 48 WELHAM GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Retford.

48 WELHAM GROVE: Plot and Title Map

48 WELHAM GROVE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 48 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 48 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 48 WELHAM GROVE?

48 WELHAM GROVE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 48 on WELHAM GROVE.