LONGCROFT, HONEYKNAB LANE, OXTON, SOUTHWELL, NG25 0SX - £690,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LONGCROFT is a large extended detached house of 202m², built sometime between 1950 and 1966. It was last sold for £690,000 in March 2021, which was around 138% above the average March 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

LONGCROFT Sold Prices

Land registry data shows two sales for LONGCROFT 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 LONGCROFT 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
2021 19 MAR	£690,000	£289,565	138% above HPI
1996 4 OCT	£175,000	£73,907	137% above HPI

LONGCROFT 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 LONGCROFT sales from October 1996 and March 2021 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 1996 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the March 2021 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

How Large is LONGCROFT?

LONGCROFT is 202m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 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 LONGCROFT lies on this distribution: 73% of detached houses are smaller than LONGCROFT, and 27% of houses are larger. Note that EPC data is not available for all properties in Oxton.

LONGCROFT: Plot and Title Map

LONGCROFT sits on a plot of roughly 0.547 of an acre, or 2,215m². The below map shows the location of LONGCROFT, 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 LONGCROFT). 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 LONGCROFT?

LONGCROFT is located on HONEYKNAB LANE in OXTON, in the NG25 postcode district. The below map shows the position of LONGCROFT on HONEYKNAB LANE.