7, GLEBE CLOSE, NORTH WHEATLEY, RETFORD, DN22 9EB - £265,000

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

7 GLEBE CLOSE is a midsized extended detached house of 159m², built sometime between 1991 and 1995, which could now be worth an estimated £491,201. It was last sold for £265,000 in May 2012, which was around 55% above the average May 2012 detached price in the Bassetlaw local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

7 GLEBE CLOSE Sold Prices

Land registry data shows three sales for 7 GLEBE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the three 7 GLEBE CLOSE 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
2012 24 MAY	£265,000	£170,634	55% above HPI
2001 19 JUL	£170,000	£85,404	99% above HPI
2000 20 APR	£120,000	£72,211	66% above HPI

7 GLEBE CLOSE 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 three 7 GLEBE CLOSE sales between April 2000 and May 2012 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 July 2001 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the May 2012 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 7 GLEBE CLOSE be worth now?

7 GLEBE CLOSE might now be worth an estimated £491,201.

This is based on house price inflation of 85.4%, between May 2012 and December 2024, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.4% inflationary increase is applied to the most recent sale price for 7 GLEBE CLOSE of £265,000 on 24th May 2012. For the value to have increased from £265,000 to £491,201 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 7 GLEBE CLOSE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The May 2012 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GLEBE CLOSE has not materially changed since May 2012.

How Large is 7 GLEBE CLOSE?

7 GLEBE CLOSE is 159m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses houses in North Wheatley, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Wheatley, and where 7 GLEBE CLOSE lies on this distribution: 53% of detached houses houses are smaller than 7 GLEBE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in North Wheatley.

7 GLEBE CLOSE: Plot and Title Map

7 GLEBE CLOSE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 7 GLEBE CLOSE, 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 7 GLEBE CLOSE). 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 7 GLEBE CLOSE?

7 GLEBE CLOSE is located in NORTH WHEATLEY, in the DN22 postcode district. The below map shows the position of No. 7 on GLEBE CLOSE.