1, CHAPPEL GARDENS, BILSTHORPE, NEWARK, NG22 8RZ - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHAPPEL GARDENS is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £208,315. It was last sold for £185,000 in November 2021, which was around 42% below the average November 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

1 CHAPPEL GARDENS Sold Prices

Land registry data shows three sales for 1 CHAPPEL GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 1 CHAPPEL GARDENS 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
2021 26 NOV	£185,000	£318,845	42% below HPI
2013 18 NOV	£150,000	£211,688	29% below HPI
2007 8 JUN	£162,500	£227,639	29% below HPI

1 CHAPPEL GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 1 CHAPPEL GARDENS sales between June 2007 and November 2021 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 November 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 1 CHAPPEL GARDENS be worth now?

1 CHAPPEL GARDENS might now be worth an estimated £208,315.

This is based on house price inflation of 12.6%, between November 2021 and December 2024, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 1 CHAPPEL GARDENS of £185,000 on 26th November 2021. For the value to have increased from £185,000 to £208,315 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 CHAPPEL GARDENS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAPPEL GARDENS has not materially changed since November 2021.

How Large is 1 CHAPPEL GARDENS?

1 CHAPPEL GARDENS is 82m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 1 CHAPPEL GARDENS lies on this distribution: 24% of detached houses houses are smaller than 1 CHAPPEL GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

1 CHAPPEL GARDENS: Plot and Title Map

1 CHAPPEL GARDENS sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 1 CHAPPEL GARDENS, 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 1 CHAPPEL GARDENS). 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 1 CHAPPEL GARDENS?

1 CHAPPEL GARDENS is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 1 on CHAPPEL GARDENS.