CHERRY TREE COTTAGE, WATER LANE, OXTON, SOUTHWELL, NG25 0SH - £425,000

CHERRY TREE COTTAGE is a very large detached house of 289m², built sometime between 1900 and 1929. It was last sold for £425,000 in October 2017, which was around 60% above the average October 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows two sales for CHERRY TREE COTTAGE 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 CHERRY TREE COTTAGE 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
2017 13 OCT	£425,000	£265,422	60% above HPI
2001 11 MAY	£285,000	£98,095	191% above HPI

CHERRY TREE COTTAGE 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 CHERRY TREE COTTAGE sales from May 2001 and October 2017 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 2001 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the October 2017 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 289m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Oxton, based on EPC data. The below chart shows the distribution of detached houses by size in Oxton, and where CHERRY TREE COTTAGE lies on this distribution: 93% of detached houses are smaller than CHERRY TREE COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Oxton.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.414 of an acre, or 1,675m². The below map shows the location of CHERRY TREE COTTAGE, 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 CHERRY TREE COTTAGE). 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 CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is located on WATER LANE in OXTON, in the NG25 postcode district. The below map shows the position of CHERRY TREE COTTAGE on WATER LANE.