8, WELFITT GROVE, NETHER LANGWITH, MANSFIELD, NG20 9EX - £325,000

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.

8 WELFITT GROVE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £416,953. It was last sold for £325,000 in October 2020, which was around 35% above the average October 2020 detached price in the Bassetlaw local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

8 WELFITT GROVE Sold Prices

Land registry data shows three sales for 8 WELFITT GROVE 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 8 WELFITT GROVE 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
2020 26 OCT	£325,000	£240,131	35% above HPI
2000 7 AUG	£89,000	£81,987	9% above HPI
1998 23 JAN	£75,000	£71,120	5% above HPI

8 WELFITT GROVE 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 8 WELFITT GROVE sales between January 1998 and October 2020 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 August 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2020 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 8 WELFITT GROVE be worth now?

8 WELFITT GROVE might now be worth an estimated £416,953.

This is based on house price inflation of 28.3%, between October 2020 and July 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 28.3% inflationary increase is applied to the most recent sale price for 8 WELFITT GROVE of £325,000 on 26th October 2020. For the value to have increased from £325,000 to £416,953 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 8 WELFITT GROVE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The October 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELFITT GROVE has not materially changed since October 2020.

How Large is 8 WELFITT GROVE?

8 WELFITT GROVE is 108m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses houses in Langwith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langwith, and where 8 WELFITT GROVE lies on this distribution: 46% of detached houses houses are smaller than 8 WELFITT GROVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Langwith.

8 WELFITT GROVE: Plot and Title Map

8 WELFITT GROVE sits on a plot of roughly 0.312 of an acre, or 1,261m². The below map shows the location of 8 WELFITT 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 8 WELFITT 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 8 WELFITT GROVE?

8 WELFITT GROVE is located in NETHER LANGWITH, in the NG20 postcode district. The below map shows the position of No. 8 on WELFITT GROVE.