7, WELBECK GROVE, BINGHAM, NOTTINGHAM, NG13 8RF - £249,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 WELBECK GROVE is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £337,141. It was last sold for £249,950 in May 2018, which was around 33% below the average May 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

7 WELBECK GROVE Sold Prices

Land registry data shows four sales for 7 WELBECK 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 Rushcliffe local authority area for the corresponding sale date. All of the four 7 WELBECK 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
2018 24 MAY	£249,950	£370,869	33% below HPI
2017 30 JAN	£195,000	£353,639	45% below HPI
1999 18 JUN	£71,500	£113,393	37% below HPI
1995 15 SEP	£61,000	£90,600	33% below HPI

7 WELBECK GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 7 WELBECK GROVE sales between September 1995 and May 2018 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 January 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 7 WELBECK GROVE be worth now?

7 WELBECK GROVE might now be worth an estimated £337,141.

This is based on house price inflation of 34.9%, between May 2018 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.9% inflationary increase is applied to the most recent sale price for 7 WELBECK GROVE of £249,950 on 24th May 2018. For the value to have increased from £249,950 to £337,141 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 7 WELBECK GROVE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The May 2018 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 7 WELBECK GROVE has not materially changed since May 2018.

How Large is 7 WELBECK GROVE?

7 WELBECK GROVE is 83m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingham, and where 7 WELBECK GROVE lies on this distribution: 16% of detached houses houses are smaller than 7 WELBECK GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bingham.

7 WELBECK GROVE: Plot and Title Map

7 WELBECK GROVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 7 WELBECK 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 7 WELBECK 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 7 WELBECK GROVE?

7 WELBECK GROVE is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 7 on WELBECK GROVE.