CHIMNEYS, FISKERTON ROAD, ROLLESTON, NEWARK, NG23 5SH - £290,000

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.

CHIMNEYS is a small extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £365,030. It was last sold for £290,000 in May 2020, which was around 4% above the average May 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

CHIMNEYS Sold Prices

Land registry data shows two sales for CHIMNEYS 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 CHIMNEYS sales were for above 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
2020 22 MAY	£290,000	£279,643	4% above HPI
2000 24 NOV	£115,000	£104,722	10% above HPI

CHIMNEYS 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 CHIMNEYS sales from November 2000 and May 2020 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 November 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might CHIMNEYS be worth now?

CHIMNEYS might now be worth an estimated £365,030.

This is based on house price inflation of 25.9%, between May 2020 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 25.9% inflationary increase is applied to the most recent sale price for CHIMNEYS of £290,000 on 22nd May 2020. For the value to have increased from £290,000 to £365,030 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of CHIMNEYS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of CHIMNEYS has not materially changed since May 2020.

How Large is CHIMNEYS?

CHIMNEYS is 128m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses houses in Rolleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rolleston, and where CHIMNEYS lies on this distribution: 20% of detached houses houses are smaller than CHIMNEYS, and 80% of houses are larger. Note that EPC data is not available for all properties in Rolleston.

CHIMNEYS: Plot and Title Map

CHIMNEYS sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of CHIMNEYS, 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 CHIMNEYS). 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 CHIMNEYS?

CHIMNEYS is located on FISKERTON ROAD in ROLLESTON, in the NG23 postcode district. The below map shows the position of CHIMNEYS on FISKERTON ROAD.