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
68 WELHAM GROVE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £152,500 in October 2023, which was around 48% below the average October 2023 detached price in the Bassetlaw local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 68 WELHAM GROVE since 1st 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 68 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 |
---|---|---|---|
2023 15 OCT | £152,500 | £291,050 | 48% below HPI |
2006 3 MAR | £120,000 | £180,416 | 33% below HPI |
2003 20 FEB | £88,500 | £118,115 | 25% below HPI |
1995 29 SEP | £47,000 | £66,192 | 29% below HPI |
1995 21 APR | £49,500 | £65,187 | 24% below HPI |
The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The five 68 WELHAM GROVE sales between April 1995 and October 2023 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
68 WELHAM GROVE is 68m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 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 68 WELHAM GROVE lies on this distribution: 6% of detached houses are smaller than 68 WELHAM GROVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Retford.
68 WELHAM GROVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 68 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 68 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.
68 WELHAM GROVE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 68 on WELHAM GROVE.