62, WELHAM ROAD, RETFORD, DN22 6UG - £440,000

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.

62 WELHAM ROAD is a very large extended detached house of 178m², built sometime between 1976 and 1982, which could now be worth an estimated £470,932. It was last sold for £440,000 in August 2022, which was around 49% 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.

62 WELHAM ROAD Sold Prices

Land registry data shows two sales for 62 WELHAM 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 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	£295,945	49% above HPI
2018 12 OCT	£292,000	£230,075	27% above HPI

62 WELHAM 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 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 62 WELHAM ROAD be worth now?

62 WELHAM ROAD might now be worth an estimated £470,932.

This is based on house price inflation of 7%, between August 2022 and August 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 7% inflationary increase is applied to the most recent sale price for 62 WELHAM ROAD of £440,000 on 12th August 2022. For the value to have increased from £440,000 to £470,932 over the three years to August 2025, the following assumptions must hold true:

• The value of 62 WELHAM ROAD has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The August 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 62 WELHAM ROAD has not materially changed since August 2022.

How Large is 62 WELHAM ROAD?

62 WELHAM ROAD is 178m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% 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 62 WELHAM ROAD lies on this distribution: 90% of detached houses 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: Plot and Title Map

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.

Where is 62 WELHAM ROAD?

62 WELHAM ROAD is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 62 on WELHAM ROAD.