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

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

17 CHESTNUT WAY is a very small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £255,589. 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	£296,994	19% below HPI
2007 7 DEC	£180,000	£196,106	8% below HPI
1997 1 SEP	£56,950	£69,124	18% below HPI
1995 31 MAR	£55,000	£65,098	16% 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 8% below the HPI. So the extrapolation line tracks at 8% 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.

What might 17 CHESTNUT WAY be worth now?

17 CHESTNUT WAY might now be worth an estimated £255,589.

This is based on house price inflation of 6.5%, between July 2024 and December 2024, 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 6.5% inflationary increase is applied to the most recent sale price for 17 CHESTNUT WAY of £240,000 on 12th July 2024. For the value to have increased from £240,000 to £255,589 over the seven months to December 2024, the following assumptions must hold true:

• The value of 17 CHESTNUT WAY has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The July 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHESTNUT WAY has not materially changed since July 2024.

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 houses in Tuxford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tuxford, and where 17 CHESTNUT WAY lies on this distribution: 13% of detached houses houses are smaller than 17 CHESTNUT WAY, and 86% 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.