22, CHESTNUT WAY, TUXFORD, NEWARK, NG22 0JX - £290,000

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

22 CHESTNUT WAY is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £350,331. It was last sold for £290,000 in September 2021, which was around 11% above the average September 2021 detached price in the Bassetlaw local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

22 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 22 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 22 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
2021 29 SEP	£290,000	£261,817	11% above HPI
1995 31 MAR	£67,000	£65,098	3% above HPI

22 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 22 CHESTNUT WAY sales from March 1995 and September 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 March 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 22 CHESTNUT WAY be worth now?

22 CHESTNUT WAY might now be worth an estimated £350,331.

This is based on house price inflation of 20.8%, between September 2021 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 20.8% inflationary increase is applied to the most recent sale price for 22 CHESTNUT WAY of £290,000 on 29th September 2021. For the value to have increased from £290,000 to £350,331 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 22 CHESTNUT WAY has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The September 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHESTNUT WAY has not materially changed since September 2021.

How Large is 22 CHESTNUT WAY?

22 CHESTNUT WAY is 115m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% 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 22 CHESTNUT WAY lies on this distribution: 47% of detached houses houses are smaller than 22 CHESTNUT WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

22 CHESTNUT WAY: Plot and Title Map

22 CHESTNUT WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 22 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 22 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 22 CHESTNUT WAY?

22 CHESTNUT WAY is located in TUXFORD, in the NG22 postcode district. The below map shows the position of No. 22 on CHESTNUT WAY.