17, CHESTNUT WAY, TUXFORD, NEWARK, NG22 0JX - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 CHESTNUT WAY is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £240,000 in July 2024, which was around 19% below the average July 2024 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was B.

17 CHESTNUT WAY Sold Prices

Land registry data shows four sales for 17 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the four 17 CHESTNUT WAY 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
2024 12 JUL	£240,000	£296,562	19% below HPI
2007 7 DEC	£180,000	£193,967	7% below HPI
1997 1 SEP	£56,950	£68,370	17% below HPI
1995 31 MAR	£55,000	£64,388	15% below HPI

17 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 four 17 CHESTNUT WAY sales between March 1995 and July 2024 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 December 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 17 CHESTNUT WAY?

17 CHESTNUT WAY is 74m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses by size in Tuxford, and where 17 CHESTNUT WAY lies on this distribution: 13% of detached houses are smaller than 17 CHESTNUT WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

17 CHESTNUT WAY: Plot and Title Map

17 CHESTNUT WAY sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 17 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 17 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 17 CHESTNUT WAY?

17 CHESTNUT WAY is located in TUXFORD, in the NG22 postcode district. The below map shows the position of No. 17 on CHESTNUT WAY.