4, ELMCROFT, OXTON, SOUTHWELL, NG25 0SB - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 ELMCROFT is a very small extended semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £361,430. It was last sold for £275,000 in November 2017, which was around 76% above the average November 2017 semi-detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

4 ELMCROFT Sold Prices

Land registry data shows four sales for 4 ELMCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the four 4 ELMCROFT 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 3 NOV	£275,000	£156,549	76% above HPI
2016 19 APR	£227,000	£140,340	62% above HPI
2003 29 APR	£169,950	£88,510	92% above HPI
1999 9 JUN	£65,000	£48,366	34% above HPI

4 ELMCROFT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The four 4 ELMCROFT sales between June 1999 and November 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 April 2016 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2017 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 4 ELMCROFT be worth now?

4 ELMCROFT might now be worth an estimated £361,430.

This is based on house price inflation of 31.4%, between November 2017 and February 2025, for semi-detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 4 ELMCROFT of £275,000 on 3rd November 2017. For the value to have increased from £275,000 to £361,430 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 ELMCROFT has moved in line with the HPI for semi-detached houses in the Newark and Sherwood local authority area.
• The November 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELMCROFT has not materially changed since November 2017.

How Large is 4 ELMCROFT?

4 ELMCROFT is 97m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of semi-detached houses houses in Oxton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oxton, and where 4 ELMCROFT lies on this distribution: 7% of semi-detached houses houses are smaller than 4 ELMCROFT, and 93% of houses are larger. Note that EPC data is not available for all properties in Oxton.

4 ELMCROFT: Plot and Title Map

4 ELMCROFT sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 4 ELMCROFT, 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 ELMCROFT). 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 ELMCROFT?

4 ELMCROFT is located in OXTON, in the NG25 postcode district. The below map shows the position of No. 4 on ELMCROFT.