CORNER COTTAGE, MAIN STREET, OXTON, SOUTHWELL, NG25 0SA - £295,000

CORNER COTTAGE is a small extended detached house of 138m², built sometime before 1900. It was last sold for £295,000 in October 2011, which was around 44% above the average October 2011 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was E.

CORNER COTTAGE Sold Prices

Land registry data shows four sales for CORNER COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the four CORNER 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
2011 26 OCT	£295,000	£205,564	44% above HPI
2007 6 DEC	£350,000	£225,534	55% above HPI
2003 29 SEP	£276,000	£168,645	64% above HPI
1996 7 AUG	£65,000	£76,024	15% below HPI

CORNER 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 four CORNER COTTAGE sales between August 1996 and October 2011 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 December 2007 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2011 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is CORNER COTTAGE?

CORNER COTTAGE is 138m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses in Oxton, based on EPC data. The below chart shows the distribution of detached houses by size in Oxton, and where CORNER COTTAGE lies on this distribution: 27% of detached houses are smaller than CORNER COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Oxton.

CORNER COTTAGE: Plot and Title Map

CORNER COTTAGE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of CORNER 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 CORNER 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 CORNER COTTAGE?

CORNER COTTAGE is located on MAIN STREET in OXTON, in the NG25 postcode district. The below map shows the position of CORNER COTTAGE on MAIN STREET.