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
62 WELHAM ROAD is a very large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £440,000 in August 2022, which was around 50% above the average August 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 62 WELHAM ROAD since 1st 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 62 WELHAM ROAD sales were for above 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 |
---|---|---|---|
2022 12 AUG | £440,000 | £292,717 | 50% above HPI |
2018 12 OCT | £292,000 | £227,565 | 28% above HPI |
The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The two 62 WELHAM ROAD sales from October 2018 and August 2022 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 October 2018 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
62 WELHAM ROAD is 178m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Retford, based on EPC data. The below chart shows the distribution of detached houses by size in Retford, and where 62 WELHAM ROAD lies on this distribution: 90% of detached houses are smaller than 62 WELHAM ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Retford.
62 WELHAM ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 62 WELHAM ROAD, 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 62 WELHAM ROAD). 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.
62 WELHAM ROAD is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 62 on WELHAM ROAD.