7B, WELBECK ROAD, RETFORD, DN22 7RP - £167,000

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.

7B WELBECK ROAD is a very small detached house of 57m², which could now be worth an estimated £186,735. It was last sold for £167,000 in April 2022, which was around 40% below the average April 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

7B WELBECK ROAD Sold Prices

Land registry data shows two sales for 7B WELBECK ROAD since 1^st 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 7B WELBECK ROAD 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
2022 22 APR	£167,000	£279,667	40% below HPI
2018 2 OCT	£39,000	£230,075	83% below HPI

7B WELBECK ROAD 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 two 7B WELBECK ROAD sales from October 2018 and April 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 83% below the HPI. So the extrapolation line tracks at 83% below the HPI over time, until the April 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7B WELBECK ROAD be worth now?

7B WELBECK ROAD might now be worth an estimated £186,735.

This is based on house price inflation of 11.8%, between April 2022 and February 2025, 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 11.8% inflationary increase is applied to the most recent sale price for 7B WELBECK ROAD of £167,000 on 22nd April 2022. For the value to have increased from £167,000 to £186,735 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 7B WELBECK ROAD has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The April 2022 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 7B WELBECK ROAD has not materially changed since April 2022.

How Large is 7B WELBECK ROAD?

7B WELBECK ROAD is 57m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Retford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Retford, and where 7B WELBECK ROAD lies on this distribution: 1% of detached houses houses are smaller than 7B WELBECK ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Retford.

7B WELBECK ROAD: Plot and Title Map

7B WELBECK ROAD sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 7B WELBECK 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 7B WELBECK 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.

Where is 7B WELBECK ROAD?

7B WELBECK ROAD is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 7B on WELBECK ROAD.