38, LEXINGTON GARDENS, TUXFORD, NEWARK, NG22 0LX - £202,500

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

38 LEXINGTON GARDENS is a small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £217,989. It was last sold for £202,500 in October 2023, which was around 31% below the average October 2023 detached price in the Bassetlaw local authority area. The most recent EPC inspection was April 2022, where the current energy rating was F, and the potential energy rating was E.

38 LEXINGTON GARDENS Sold Prices

Land registry data shows two sales for 38 LEXINGTON GARDENS 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 38 LEXINGTON GARDENS 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
2023 6 OCT	£202,500	£293,811	31% below HPI
2012 26 SEP	£135,000	£181,548	26% below HPI

38 LEXINGTON GARDENS 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 38 LEXINGTON GARDENS sales from September 2012 and October 2023 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 September 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 38 LEXINGTON GARDENS be worth now?

38 LEXINGTON GARDENS might now be worth an estimated £217,989.

This is based on house price inflation of 7.6%, between October 2023 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 7.6% inflationary increase is applied to the most recent sale price for 38 LEXINGTON GARDENS of £202,500 on 6th October 2023. For the value to have increased from £202,500 to £217,989 over the ten months to December 2024, the following assumptions must hold true:

• The value of 38 LEXINGTON GARDENS has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The October 2023 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 38 LEXINGTON GARDENS has not materially changed since October 2023.

How Large is 38 LEXINGTON GARDENS?

38 LEXINGTON GARDENS is 79m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% 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 38 LEXINGTON GARDENS lies on this distribution: 21% of detached houses houses are smaller than 38 LEXINGTON GARDENS, and 79% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

38 LEXINGTON GARDENS: Plot and Title Map

38 LEXINGTON GARDENS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 38 LEXINGTON GARDENS, 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 38 LEXINGTON GARDENS). 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 38 LEXINGTON GARDENS?

38 LEXINGTON GARDENS is located in TUXFORD, in the NG22 postcode district. The below map shows the position of No. 38 on LEXINGTON GARDENS.