5, CHEYNE DRIVE, BILSTHORPE, NEWARK, NG22 8SB - £240,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 CHEYNE DRIVE is a small semi-detached house of 81m², built sometime between 1967 and 1975. It was last sold for £240,000 in September 2022, which was around 29% below the average September 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

5 CHEYNE DRIVE Sold Prices

Land registry data shows three sales for 5 CHEYNE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 5 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
2022 9 SEP	£240,000	£337,059	29% below HPI
2017 8 DEC	£175,000	£262,749	33% below HPI
2016 19 MAY	£118,500	£241,520	51% below HPI

5 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 three 5 CHEYNE DRIVE sales between May 2016 and September 2022 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 December 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 CHEYNE DRIVE?

5 CHEYNE DRIVE is 81m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 5 CHEYNE DRIVE lies on this distribution: 23% of detached houses are smaller than 5 CHEYNE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

5 CHEYNE DRIVE: Plot and Title Map

5 CHEYNE DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 5 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 5 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 5 CHEYNE DRIVE?

5 CHEYNE DRIVE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 5 on CHEYNE DRIVE.