25, CHAPEL CLOSE, WALESBY, NEWARK, NG22 9NP - £136,000

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.

25 CHAPEL CLOSE is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £206,375. It was last sold for £136,000 in September 2014, which was around 42% below the average September 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

25 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 25 CHAPEL CLOSE 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 25 CHAPEL CLOSE 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 5 SEP	£136,000	£234,008	42% below HPI
2011 1 AUG	£100,000	£215,122	54% below HPI

25 CHAPEL CLOSE 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 25 CHAPEL CLOSE sales from August 2011 and September 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 August 2011 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2014 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 25 CHAPEL CLOSE be worth now?

25 CHAPEL CLOSE might now be worth an estimated £206,375.

This is based on house price inflation of 51.7%, between September 2014 and March 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 51.7% inflationary increase is applied to the most recent sale price for 25 CHAPEL CLOSE of £136,000 on 5th September 2014. For the value to have increased from £136,000 to £206,375 over the eleven years and six months to March 2025, the following assumptions must hold true:

• The value of 25 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2014 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 25 CHAPEL CLOSE has not materially changed since September 2014.

How Large is 25 CHAPEL CLOSE?

25 CHAPEL CLOSE is 58m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Walesby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walesby, and where 25 CHAPEL CLOSE lies on this distribution: 4% of detached houses houses are smaller than 25 CHAPEL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Walesby.

25 CHAPEL CLOSE: Plot and Title Map

25 CHAPEL CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 25 CHAPEL CLOSE, 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 25 CHAPEL CLOSE). 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 25 CHAPEL CLOSE?

25 CHAPEL CLOSE is located in WALESBY, in the NG22 postcode district. The below map shows the position of No. 25 on CHAPEL CLOSE.