HILLCREST, MARKHAM ROAD, TUXFORD, NEWARK, NG22 0NP - £575,000

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

HILLCREST is a very large extended detached house of 222m², built sometime between 1900 and 1929, which could now be worth an estimated £631,641. It was last sold for £575,000 in July 2022, which was around 100% above the average July 2022 detached price in the Bassetlaw local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was D.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2022 18 JUL	£575,000	£287,923	100% above HPI
2000 26 JAN	£105,000	£74,579	41% above HPI

HILLCREST 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 HILLCREST sales from January 2000 and July 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 January 2000 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2022 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £631,641.

This is based on house price inflation of 9.9%, between July 2022 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 9.9% inflationary increase is applied to the most recent sale price for HILLCREST of £575,000 on 18th July 2022. For the value to have increased from £575,000 to £631,641 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The July 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since July 2022.

How Large is HILLCREST?

HILLCREST is 222m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% 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 HILLCREST lies on this distribution: 92% of detached houses houses are smaller than HILLCREST, and 8% of houses are larger. Note that EPC data is not available for all properties in Tuxford.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 1.5 acres, or 5,951m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on MARKHAM ROAD in TUXFORD, in the NG22 postcode district. The below map shows the position of HILLCREST on MARKHAM ROAD.