REDBROOK, WATER LANE, OXTON, SOUTHWELL, NG25 0SH - £385,500

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

REDBROOK is a midsized extended detached house of 169m², built sometime between 1950 and 1966, which could now be worth an estimated £591,455. It was last sold for £385,500 in September 2014, which was around 65% above the average September 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

REDBROOK Sold Prices

Land registry data shows two sales for REDBROOK 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 REDBROOK 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
2014 15 SEP	£385,500	£234,008	65% above HPI
2004 20 FEB	£315,000	£184,642	71% above HPI

REDBROOK 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 REDBROOK sales from February 2004 and September 2014 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 2004 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the September 2014 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might REDBROOK be worth now?

REDBROOK might now be worth an estimated £591,455.

This is based on house price inflation of 53.4%, between September 2014 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 53.4% inflationary increase is applied to the most recent sale price for REDBROOK of £385,500 on 15th September 2014. For the value to have increased from £385,500 to £591,455 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of REDBROOK has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2014 sale price of £385,500 represented a fair market value for the property.
• The size, condition, and specification of REDBROOK has not materially changed since September 2014.

How Large is REDBROOK?

REDBROOK is 169m², which includes four extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 50% 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 REDBROOK lies on this distribution: 57% of detached houses houses are smaller than REDBROOK, and 41% of houses are larger. Note that EPC data is not available for all properties in Oxton.

REDBROOK: Plot and Title Map

REDBROOK sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of REDBROOK, 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 REDBROOK). 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 REDBROOK?

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