Housing Market Analysis for WELBY GARDENS, NG31 8BN

Are you looking to understand NG31 8BN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Kesteven postcode.

For the location information and nearby amenities in the NG31 8BN area, explore the NG31 8BN Area information page.
For comprehensive crime statistics in the NG31 8BN area, explore the NG31 8BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG31 8BN postcode area, The average prices are as follows,

Detached
- The average price is around £263,590 median price is £217,900 Standard Deviation is £134,188 with Total Sold: 34
- The Last 5 Year average price is £439,583 with Total Sold: 6
- The most recent sale happened at this postcode is 28 WELBY GARDENS: £450,000 (Sold on 12 Jul 2023)
- The first recorded sale happened at this postcode is 15 WELBY GARDENS: £87,000 (Sold on 25 Aug 1995)
Semi-Detached
- The average price is around £390,333 median price is £365,000 Standard Deviation is £134,289 with Total Sold: 3
- The Last 5 Year average price is £566,000 with Total Sold: 1
- The most recent sale happened at this postcode is 10 WELBY GARDENS: £566,000 (Sold on 13 Sep 2021)
- The first recorded sale happened at this postcode is 8 WELBY GARDENS: £240,000 (Sold on 01 Feb 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 8BN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£450,000	£3,020	1
2022	£536,250	£3,193	2
2021	£575,000	£1,513	1
2020	£240,000	£2,034	1
2019	£300,000	£1,840	1
2017	£310,000	£2,081	1
2015	£437,500	£1,931	2
2013	£200,000	£2,247	1
2012	£355,000		1
2010	£186,650	£1,365	2
2009	£202,500	£1,342	2
2007	£265,000		1
2005	£402,000		1
2004	£280,000	£1,718	1
2003	£225,483	£1,628	3
2002	£205,625	£1,414	4
2001	£167,700	£1,072	4
2000	£139,750	£648	2
1999	£160,000		1
1997	£163,000	£533	1
1995	£87,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£566,000	£1,932	1
2003	£365,000		1
2002	£240,000		1

All the Sales in the WELBY GARDENS, NG31 8BN

See the table below for more details on the sold house prices in the NG31 8BN, South Kesteven postcode.

Address	Sold Date	Price	% Change
28 WELBY GARDENSDetached, FreeholdArea: 149 Sq.mtrAge: 1950-1966	12 Jul 2023	£450,000	45.16%
	22 May 2017	£310,000	55.00%
	12 May 2009	£200,000	8.70%
	04 Jul 2003	£184,000	25.17%
	29 Aug 2001	£147,000	First Sale
11 WELBY GARDENSDetached, FreeholdArea: 230 Sq.mtrAge: 1900-1929	01 Jul 2022	£655,000	162.00%
	15 May 2002	£250,000	First Sale
26 WELBY GARDENSDetached, FreeholdArea: 118 Sq.mtrAge: 1967-1975	17 Jan 2022	£417,500	73.96%
	06 Nov 2020	£240,000	First Sale
10 WELBY GARDENSSemi-Detached, FreeholdArea: 293 Sq.mtrAge: 1900-1929	13 Sep 2021	£566,000	First Sale
5 WELBY GARDENSDetached, FreeholdArea: 380 Sq.mtrAge: before 1900	11 Feb 2021	£575,000	194.87%
	14 Apr 2000	£195,000	First Sale
24 WELBY GARDENSDetached, FreeholdArea: 163 Sq.mtrAge: 1967-1975	22 Mar 2019	£300,000	-14.29%
	29 Jan 2015	£350,000	25.00%
	31 Mar 2004	£280,000	80.65%
	10 Aug 2001	£155,000	First Sale
16 WELBY GARDENSDetached, FreeholdArea: 306 Sq.mtrAge: 1930-1949	24 Sep 2015	£525,000	222.09%
	21 Apr 1997	£163,000	First Sale
21 WELBY GARDENSDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	28 Oct 2013	£200,000	11.14%
	28 Nov 2003	£179,950	16.10%
	15 Aug 2002	£155,000	First Sale
WELBY LODGE, 17 WELBY GARDENSDetached, Freehold	20 Dec 2012	£355,000	First Sale
25 WELBY GARDENSDetached, FreeholdArea: 175 Sq.mtrAge: 1950-1966	10 May 2010	£200,000	First Sale
17 WELBY GARDENSDetached, FreeholdArea: 109.19 Sq.mtrAge: 1950-1966	30 Apr 2010	£173,300	First Sale
15 WELBY GARDENSDetached, Freehold	06 Nov 2009	£205,000	-22.64%
	27 Jul 2007	£265,000	204.60%
	25 Aug 1995	£87,000	First Sale
18 WELBY GARDENSDetached, Freehold	17 Jun 2005	£402,000	First Sale
7 WELBY GARDENSSemi-Detached, Freehold	15 Jul 2003	£365,000	First Sale
14 WELBY GARDENSDetached, Freehold	21 May 2003	£312,500	First Sale
22 WELBY GARDENSDetached, Freehold	29 Nov 2002	£147,500	First Sale
6 WELBY GARDENSDetached, Freehold	16 Aug 2002	£270,000	First Sale
8 WELBY GARDENSSemi-Detached, Freehold	01 Feb 2002	£240,000	First Sale
WELBY GATE WELBY GARDENSDetached, Freehold	21 Dec 2001	£230,800	44.25%
WELBY GATE WELBY GARDENSDetached, Freehold	15 Feb 1999	£160,000	First Sale
9 WELBY GARDENSDetached, FreeholdArea: 108 Sq.mtrAge: 1967-1975	23 Feb 2001	£138,000	63.31%
	12 May 2000	£84,500	First Sale

Check out the sold house prices near the NG31 8BN postcode. Properties currently for saleProperties currently for rent

WELBY GARDENS, NG31 8BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG31 8BN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NG31 8BN postcode.

Semi-Detached
- The average price is around £144,445 median price is £127,250 Standard Deviation is £96,236 with Total Sold: 272
- The Last 5 Year average price is £229,667 with Total Sold: 51
- The most recent sale happened at this postcode is , 47 NORTH PARADE: £420,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 9 CAMPBELL CLOSE: £36,995 (Sold on 03 Mar 1995)
Terraced
- The average price is around £102,646 median price is £90,000 Standard Deviation is £71,420 with Total Sold: 1,112
- The Last 5 Year average price is £165,971 with Total Sold: 199
- The most recent sale happened at this postcode is , 3 SLATE MILL PLACE: £136,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 8 REDCROSS STREET: £28,500 (Sold on 12 Jan 1995)
Detached
- The average price is around £232,195 median price is £220,000 Standard Deviation is £113,567 with Total Sold: 261
- The Last 5 Year average price is £361,716 with Total Sold: 37
- The most recent sale happened at this postcode is , 10 BELTON LANE: £790,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 19 LODGE WAY: £58,500 (Sold on 03 Feb 1995)
Flat
- The average price is around £77,627 median price is £82,000 Standard Deviation is £31,660 with Total Sold: 257
- The Last 5 Year average price is £101,300 with Total Sold: 59
- The most recent sale happened at this postcode is , 14 THE SLATE MILL: £110,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 22 PREMIER COURT: £40,000 (Sold on 31 Jan 1995)
Other
- The average price is around £884,732 median price is £245,000 Standard Deviation is £1,665,784 with Total Sold: 36
- The Last 5 Year average price is £351,597 with Total Sold: 19
- The most recent sale happened at this postcode is , 20A BROOK STREET: £85,000 (Sold on 16 May 2024)
- The first recorded sale happened at this postcode is , KINGSCOURT NURSING HOME CHURCH STREET: £549,999 (Sold on 07 Oct 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,625	£1,500	8
2023	£185,750	£2,532	4
2022	£307,400	£2,017	5
2021	£209,286	£2,026	14
2020	£225,000	£1,754	7
2019	£205,769	£1,702	13
2018	£230,143	£1,632	7
2017	£251,842	£2,072	13
2016	£180,862	£1,663	8
2015	£180,500	£1,179	2
2014	£229,417	£1,648	6
2013	£160,652	£1,446	13
2012	£140,000	£1,667	1
2011	£133,917	£1,561	6
2010	£134,400	£1,368	5
2009	£111,825	£1,260	6
2008	£148,600	£1,427	5
2007	£151,454	£1,616	12
2006	£141,288	£1,452	13
2005	£144,500	£1,475	5
2004	£144,814	£1,318	11
2003	£154,876	£1,147	17
2002	£100,723	£909	15
2001	£81,112	£675	12
2000	£52,082	£650	17
1999	£62,478	£561	11
1998	£54,317	£505	12
1997	£47,242	£611	6
1996	£41,569	£461	11
1995	£48,128	£614	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£154,167	£1,643	9
2023	£168,300	£1,665	30
2022	£170,388	£1,800	44
2021	£180,226	£1,775	55
2020	£150,917	£1,478	33
2019	£150,071	£1,574	28
2018	£166,974	£1,449	34
2017	£130,409	£1,467	33
2016	£128,930	£1,288	30
2015	£131,614	£1,373	38
2014	£128,254	£1,168	34
2013	£131,633	£1,181	33
2012	£91,717	£1,123	15
2011	£106,198	£1,080	23
2010	£109,341	£1,114	27
2009	£108,966	£1,023	16
2008	£134,528	£1,191	18
2007	£119,706	£1,537	46
2006	£124,845	£1,275	44
2005	£110,223	£1,274	42
2004	£116,424	£1,162	44
2003	£97,593	£1,021	54
2002	£65,630	£776	53
2001	£53,477	£632	51
2000	£46,086	£503	59
1999	£41,408	£449	43
1998	£32,475	£372	47
1997	£35,935	£395	48
1996	£33,154	£348	48
1995	£31,945	£321	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,000		4
2023	£426,900	£3,010	5
2022	£379,278	£2,590	9
2021	£404,167	£2,154	6
2020	£285,125	£2,045	4
2019	£287,778	£2,107	9
2018	£304,375	£2,172	4
2017	£224,000	£1,509	5
2016	£274,250	£2,196	8
2015	£270,292	£1,793	12
2014	£258,778	£1,912	9
2013	£254,000	£1,557	11
2012	£241,500	£1,771	6
2011	£175,333	£1,504	6
2010	£229,329	£1,414	7
2009	£204,681	£1,529	8
2008	£255,832	£1,424	5
2007	£235,312	£1,533	8
2006	£277,769	£1,638	13
2005	£270,037	£1,665	22
2004	£227,411	£1,488	23
2003	£188,170	£1,405	23
2002	£187,218	£1,089	11
2001	£154,160	£999	5
2000	£90,500	£608	10
1999	£94,333	£669	12
1998	£88,800	£702	5
1997	£103,600	£493	5
1996	£90,000	£424	2
1995	£74,125	£590	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£109,062	£2,128	8
2023	£101,000	£1,764	9
2022	£102,772	£1,853	18
2021	£97,380	£1,754	10
2020	£97,200	£1,663	10
2019	£99,875	£1,870	4
2018	£82,342	£1,390	13
2017	£109,268	£1,708	14
2016	£85,167	£1,488	9
2015	£94,130	£1,566	5
2014	£76,549	£1,273	9
2013	£73,450	£1,169	11
2012	£68,664	£1,223	7
2011	£69,750	£1,265	4
2010	£81,167	£1,350	3
2009	£83,900	£1,480	5
2008	£97,000	£1,410	3
2007	£96,222	£1,703	9
2006	£91,444	£1,539	9
2005	£92,938	£1,553	8
2004	£100,425	£1,916	7
2003	£82,990	£1,426	10
2002	£51,470	£899	5
2001	£48,659	£870	11
2000	£40,629	£744	7
1999	£39,667	£684	9
1998	£40,233	£691	6
1997	£33,547	£586	16
1996	£44,606	£618	9
1995	£38,514	£669	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£130,000		2
2023	£288,333		3
2022	£232,667		3
2021	£423,961	£9,109	7
2020	£1,135,000		1
2019	£251,538	£1,232	3
2018	£1,551,750	£878	4
2017	£2,205,125	£1,543	8
2016	£150,000	£359	3
2015	£322,000	£1,635	1
2013	£549,999		1

House Type in NG31 8BN area

The most common house types in the NG31 8BN postcode area are Terraced (62), Semi-detached (29), and Detached (20).

Total	125
Terraced	62
Semi-detached	29
Detached	20
Flat	7
Shared house	6
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (40), and Social rented: Rents from council or Local Authority (38).

Private rented: Private landlord or letting agency	40
Social rented: Rents from council or Local Authority	38
Owned: Owns outright	26
Owned: Owns with a mortgage or loan	12
Private rented: Other private rented	4
Lives rent free	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NG31 8BN have 1 person in household (59), and 2 people in household (44).

1 person in household	59
2 people in household	44
4 people in household	10
3 people in household	9
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0