16, CHEYNE DRIVE, BILSTHORPE, NEWARK, NG22 8SB - £172,000

16 CHEYNE DRIVE is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £172,000 in December 2019, which was around 37% below the average December 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

16 CHEYNE DRIVE Sold Prices

Land registry data shows two sales for 16 CHEYNE DRIVE 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 16 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
2019 12 DEC	£172,000	£272,780	37% below HPI
1998 30 JUN	£57,000	£81,262	30% below HPI

16 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 two 16 CHEYNE DRIVE sales from June 1998 and December 2019 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 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 CHEYNE DRIVE?

16 CHEYNE DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Bilsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Bilsthorpe, and where 16 CHEYNE DRIVE lies on this distribution: 19% of detached houses are smaller than 16 CHEYNE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bilsthorpe.

16 CHEYNE DRIVE: Plot and Title Map

16 CHEYNE DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 16 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 16 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 16 CHEYNE DRIVE?

16 CHEYNE DRIVE is located in BILSTHORPE, in the NG22 postcode district. The below map shows the position of No. 16 on CHEYNE DRIVE.