2, CHESTNUT COPSE, NEWARK, NG24 1RX - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHESTNUT COPSE is a very large detached house of 144m², built sometime between 1991 and 1995, which could now be worth an estimated £503,437. It was last sold for £350,000 in March 2016, which was around 43% above the average March 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

2 CHESTNUT COPSE Sold Prices

Land registry data shows two sales for 2 CHESTNUT COPSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 2 CHESTNUT COPSE 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
2016 21 MAR	£350,000	£244,713	43% above HPI
1998 26 OCT	£130,000	£91,027	43% above HPI

2 CHESTNUT COPSE 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 two 2 CHESTNUT COPSE sales from October 1998 and March 2016 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 October 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the March 2016 sale, which was also at 43% above the HPI.

What might 2 CHESTNUT COPSE be worth now?

2 CHESTNUT COPSE might now be worth an estimated £503,437.

This is based on house price inflation of 43.8%, between March 2016 and February 2025, 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 43.8% inflationary increase is applied to the most recent sale price for 2 CHESTNUT COPSE of £350,000 on 21st March 2016. For the value to have increased from £350,000 to £503,437 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT COPSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The March 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT COPSE has not materially changed since March 2016.

How Large is 2 CHESTNUT COPSE?

2 CHESTNUT COPSE is 144m² according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Balderton, and where 2 CHESTNUT COPSE lies on this distribution: 86% of detached houses houses are smaller than 2 CHESTNUT COPSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Balderton.

2 CHESTNUT COPSE: Plot and Title Map

2 CHESTNUT COPSE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 2 CHESTNUT COPSE, 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 2 CHESTNUT COPSE). 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 2 CHESTNUT COPSE?

2 CHESTNUT COPSE is located in NEWARK, in the NG24 postcode district. The below map shows the position of No. 2 on CHESTNUT COPSE.