1, Chestnut Close
1, Chestnut Close
Description & Estimates
According to the public record, 1, Chestnut Close, Newark is a modern house with 1,668 ft2 of internal area and sits on a 731 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Chestnut Close, Newark is £427,809 and the estimated rental value is £1,505 per month.
Chestnut Close, Weston, Newark, NG23 is located in the borough of Newark and Sherwood within the NG23 postal district.
Our Data Sources
1, Chestnut Close, Newark has no records in the the Land Registry and a single entry in the EPC database dated January 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Chestnut Close, Newark is in very good condition we estimate a sale value of £449,200 and a rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,863 and a rental value of £1,400 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Chestnut Close, Newark has declined by £5,720 (1.3%), while its estimated rental value has climbed by £32 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 1, Chestnut Close, Newark sits on a plot of 731 m2.
We have plot size data on 4 out of 5 other houses in the postcode and 1, Chestnut Close, Newark sits on the 4th largest plot.
Energy Efficiency
1, Chestnut Close, Newark has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jan 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric, Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chestnut Close, Newark within a radius of 4.5 kilometres over the last 2 years.
The most recent example is Lochinver, Main Street, Newark, NG23 6ST, a freehold house which sold for £465,000 on the 31st October 2025.
Read more about house prices in NG23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chestnut Close, Weston, Newark, NG23 has a total of 5 addresses. According to our analysis of all the public data, 1, Chestnut Close, Newark is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in NG23.
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Schools Nearby
- 2.0kmSt Matthew's CofE Primary School
- 3.3kmSutton-On-Trent Primary and Nursery School
- 4.7kmTuxford Primary Academy
- 4.3kmTuxford Academy
- 10.6kmThe Dukeries Academy
- 15.1kmRetford Oaks Academy
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Public Transport Nearby
The closest station to 1, Chestnut Close, Newark is Collingham station, which is 9.0 kilometres away.
- 9.0kmCollingham
- 10.0kmSwinderby
- 13.7kmSaxilby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
