56, WELHAM GROVE, RETFORD, DN22 6TS - £130,000

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

56 WELHAM GROVE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £130,000 in January 2016, which was around 35% below the average January 2016 detached price in the Bassetlaw local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

56 WELHAM GROVE Sold Prices

Land registry data shows five sales for 56 WELHAM GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the five 56 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
2016 8 JAN	£130,000	£200,025	35% below HPI
2003 1 SEP	£98,500	£135,546	27% below HPI
2002 5 JUL	£79,000	£99,634	21% below HPI
1999 13 JUL	£52,500	£70,799	26% below HPI
1996 2 OCT	£50,500	£67,554	25% below HPI

56 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 five 56 WELHAM GROVE sales between October 1996 and January 2016 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 September 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 56 WELHAM GROVE?

56 WELHAM GROVE is 85m² according to the EPC inspection conducted in March 2009. 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 56 WELHAM GROVE lies on this distribution: 20% of detached houses are smaller than 56 WELHAM GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Retford.

56 WELHAM GROVE: Plot and Title Map

56 WELHAM GROVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 56 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 56 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 56 WELHAM GROVE?

56 WELHAM GROVE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 56 on WELHAM GROVE.