HOUT BAY COTTAGE, MAIN STREET, OXTON, SOUTHWELL, NG25 0SD - £875,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOUT BAY COTTAGE is a very large extended detached house of 273m², built sometime between 2007 and 2011, which could now be worth an estimated £880,032. It was last sold for £875,000 in October 2024, which was around 145% above the average October 2024 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

HOUT BAY COTTAGE Sold Prices

Land registry data shows two sales for HOUT BAY 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 HOUT BAY 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
2024 25 OCT	£875,000	£356,975	145% above HPI
2014 21 OCT	£650,000	£232,896	179% above HPI

HOUT BAY 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 HOUT BAY COTTAGE sales from October 2014 and October 2024 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 October 2014 sale was for 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the October 2024 sale, where it falls to 145% above the HPI. The line then continues to track at 145% above the HPI.

What might HOUT BAY COTTAGE be worth now?

HOUT BAY COTTAGE might now be worth an estimated £880,032.

This is based on house price inflation of 0.6%, between October 2024 and December 2024, 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 0.6% inflationary increase is applied to the most recent sale price for HOUT BAY COTTAGE of £875,000 on 25th October 2024. For the value to have increased from £875,000 to £880,032 over the ten months to December 2024, the following assumptions must hold true:

• The value of HOUT BAY COTTAGE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The October 2024 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of HOUT BAY COTTAGE has not materially changed since October 2024.

How Large is HOUT BAY COTTAGE?

HOUT BAY COTTAGE is 273m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 10% 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 HOUT BAY COTTAGE lies on this distribution: 91% of detached houses houses are smaller than HOUT BAY COTTAGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Oxton.

HOUT BAY COTTAGE: Plot and Title Map

HOUT BAY COTTAGE sits on a plot of roughly 0.295 of an acre, or 1,195m². The below map shows the location of HOUT BAY 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 HOUT BAY 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 HOUT BAY COTTAGE?

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