iPhone, is it possible to recover only one app from a backup?
You can't recover from an iPhone backup, but there is other way.
You can check your apps directory within you iTunes Media Folder Location (under iTunes → Preferences → Advanced). This will tell you where your iTunes are located (example: /Users/username/Music
).
If you go to /Users/username/Music/iTunes/Mobile Applications
you can find that this is the directory where apps are saved.
Check this folder to see if the app you are looking for is there. Apps have version number in it's name. If not exists what you want, or exists the latest version, you must use a backup to recover (If you have it).