7, CHESTNUT DRIVE, CRESWELL, WORKSOP, S80 4LB - £175,000

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.

7 CHESTNUT DRIVE is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £204,862. It was last sold for £175,000 in February 2022, which was around 21% below the average February 2022 detached price in the Bolsover local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

7 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 7 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. All of the four 7 CHESTNUT 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 14 FEB	£175,000	£220,245	21% below HPI
2015 1 JUN	£122,000	£143,694	15% below HPI
2007 18 JUN	£124,950	£152,789	18% below HPI
2005 18 OCT	£115,995	£143,964	19% below HPI

7 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The four 7 CHESTNUT DRIVE sales between October 2005 and February 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 June 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 7 CHESTNUT DRIVE be worth now?

7 CHESTNUT DRIVE might now be worth an estimated £204,862.

This is based on house price inflation of 17.1%, between February 2022 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 7 CHESTNUT DRIVE of £175,000 on 14th February 2022. For the value to have increased from £175,000 to £204,862 over the three years to February 2025, the following assumptions must hold true:

• The value of 7 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The February 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESTNUT DRIVE has not materially changed since February 2022.

How Large is 7 CHESTNUT DRIVE?

7 CHESTNUT DRIVE is 70m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses houses in Creswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Creswell, and where 7 CHESTNUT DRIVE lies on this distribution: 11% of detached houses houses are smaller than 7 CHESTNUT DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Creswell.

7 CHESTNUT DRIVE: Plot and Title Map

7 CHESTNUT DRIVE sits on a plot of roughly 20.9 acres, or 84,756m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT DRIVE?

7 CHESTNUT DRIVE is located in CRESWELL, in the S80 postcode district. The below map shows the position of No. 7 on CHESTNUT DRIVE.