ROMAN WAY, BLIND LANE, OXTON, SOUTHWELL, NG25 0SS - £360,000

ROMAN WAY is a very small detached house of 116m², built sometime before 1900. It was last sold for £360,000 in September 2020, which was around 29% above the average September 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

ROMAN WAY Sold Prices

Land registry data shows two sales for ROMAN WAY 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 ROMAN WAY 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
2020 30 SEP	£360,000	£278,532	29% above HPI
2000 11 FEB	£120,000	£88,774	35% above HPI

ROMAN WAY 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 ROMAN WAY sales from February 2000 and September 2020 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 February 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is ROMAN WAY?

ROMAN WAY is 116m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Oxton, based on EPC data. The below chart shows the distribution of detached houses by size in Oxton, and where ROMAN WAY lies on this distribution: 14% of detached houses are smaller than ROMAN WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Oxton.

ROMAN WAY: Plot and Title Map

ROMAN WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of ROMAN WAY, 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 ROMAN WAY). 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 ROMAN WAY?

ROMAN WAY is located on BLIND LANE in OXTON, in the NG25 postcode district. The below map shows the position of ROMAN WAY on BLIND LANE.