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

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.

CORNER COTTAGE is a small extended detached house of 138m², built sometime before 1900, which could now be worth an estimated £485,233. It was last sold for £295,000 in October 2011, which was around 38% 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	£213,996	38% above HPI
2007 6 DEC	£350,000	£234,785	49% above HPI
2003 29 SEP	£276,000	£175,562	57% above HPI
1996 7 AUG	£65,000	£79,142	18% 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 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2011 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might CORNER COTTAGE be worth now?

CORNER COTTAGE might now be worth an estimated £485,233.

This is based on house price inflation of 64.5%, between October 2011 and February 2025, for 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 64.5% inflationary increase is applied to the most recent sale price for CORNER COTTAGE of £295,000 on 26th October 2011. For the value to have increased from £295,000 to £485,233 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of CORNER COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER COTTAGE has not materially changed since October 2011.

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 houses in Oxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxton, and where CORNER COTTAGE lies on this distribution: 27% of detached houses 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.