22, CHEYNE DRIVE, BILSTHORPE, NEWARK, NG22 8SB - £154,995

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.

22 CHEYNE DRIVE is a small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £244,916. It was last sold for £154,995 in May 2014, which was around 30% below the average May 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

22 CHEYNE DRIVE Sold Prices

Land registry data shows two sales for 22 CHEYNE DRIVE 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 22 CHEYNE DRIVE 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
2014 28 MAY	£154,995	£222,759	30% below HPI
2013 17 MAY	£130,000	£215,385	40% below HPI

22 CHEYNE DRIVE 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 22 CHEYNE DRIVE sales from May 2013 and May 2014 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 May 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 22 CHEYNE DRIVE be worth now?

22 CHEYNE DRIVE might now be worth an estimated £244,916.

This is based on house price inflation of 58%, between May 2014 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 58% inflationary increase is applied to the most recent sale price for 22 CHEYNE DRIVE of £154,995 on 28th May 2014. For the value to have increased from £154,995 to £244,916 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 22 CHEYNE DRIVE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2014 sale price of £154,995 represented a fair market value for the property.
• The size, condition, and specification of 22 CHEYNE DRIVE has not materially changed since May 2014.

How Large is 22 CHEYNE DRIVE?

22 CHEYNE DRIVE is 95m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilsthorpe, and where 22 CHEYNE DRIVE lies on this distribution: 37% of detached houses houses are smaller than 22 CHEYNE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

22 CHEYNE DRIVE: Plot and Title Map

22 CHEYNE DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 22 CHEYNE DRIVE, 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 CHEYNE DRIVE). 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 CHEYNE DRIVE?

22 CHEYNE DRIVE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 22 on CHEYNE DRIVE.