16, CHESTNUT WAY, TUXFORD, NEWARK, NG22 0JX - £305,000

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

16 CHESTNUT WAY is a large extended detached house of 158m², built sometime between 1976 and 1982, which could now be worth an estimated £406,616. It was last sold for £305,000 in March 2020, which was around 30% above the average March 2020 detached price in the Bassetlaw local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

16 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 16 CHESTNUT WAY 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 16 CHESTNUT WAY 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 25 MAR	£305,000	£234,567	30% above HPI
1999 12 JUL	£76,500	£71,580	7% above HPI

16 CHESTNUT WAY 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 16 CHESTNUT WAY sales from July 1999 and March 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 July 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 16 CHESTNUT WAY be worth now?

16 CHESTNUT WAY might now be worth an estimated £406,616.

This is based on house price inflation of 33.3%, between March 2020 and February 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 33.3% inflationary increase is applied to the most recent sale price for 16 CHESTNUT WAY of £305,000 on 25th March 2020. For the value to have increased from £305,000 to £406,616 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 16 CHESTNUT WAY has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The March 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHESTNUT WAY has not materially changed since March 2020.

How Large is 16 CHESTNUT WAY?

16 CHESTNUT WAY is 158m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tuxford, and where 16 CHESTNUT WAY lies on this distribution: 78% of detached houses houses are smaller than 16 CHESTNUT WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

16 CHESTNUT WAY: Plot and Title Map

16 CHESTNUT WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 16 CHESTNUT WAY, 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 16 CHESTNUT WAY). 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 16 CHESTNUT WAY?

16 CHESTNUT WAY is located in TUXFORD, in the NG22 postcode district. The below map shows the position of No. 16 on CHESTNUT WAY.