4, CHAPEL FARM CLOSE, ELSTON, NEWARK, NG23 5PW - £517,500

4 CHAPEL FARM CLOSE is a midsized detached house of 142m². It was last sold for £517,500 in September 2022, which was around 53% above the average September 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was B.

4 CHAPEL FARM CLOSE Sold Prices

Land registry data shows two sales for 4 CHAPEL FARM CLOSE 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 4 CHAPEL FARM CLOSE 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 26 SEP	£517,500	£338,306	53% above HPI
2019 9 MAY	£382,000	£264,550	44% above HPI

4 CHAPEL FARM CLOSE 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 4 CHAPEL FARM CLOSE sales from May 2019 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 May 2019 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 4 CHAPEL FARM CLOSE?

4 CHAPEL FARM CLOSE is 142m² according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 4 CHAPEL FARM CLOSE lies on this distribution: 49% of detached houses are smaller than 4 CHAPEL FARM CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Elston.

4 CHAPEL FARM CLOSE: Plot and Title Map

4 CHAPEL FARM CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 4 CHAPEL FARM CLOSE, 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 4 CHAPEL FARM CLOSE). 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 4 CHAPEL FARM CLOSE?

4 CHAPEL FARM CLOSE is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 4 on CHAPEL FARM CLOSE.