THE OLD BAKERY, WATER LANE, OXTON, SOUTHWELL, NG25 0SH - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OLD BAKERY is a large extended detached house of 203m², built sometime before 1900. It was last sold for £350,000 in March 2010, which was around 72% above the average March 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was E.

THE OLD BAKERY Sold Prices

Land registry data shows three sales for THE OLD BAKERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three THE OLD BAKERY 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
2010 12 MAR	£350,000	£204,028	72% above HPI
2005 8 DEC	£440,000	£207,983	112% above HPI
1999 16 APR	£171,250	£81,511	110% above HPI

THE OLD BAKERY 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 three THE OLD BAKERY sales between April 1999 and March 2010 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 2005 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the March 2010 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is THE OLD BAKERY?

THE OLD BAKERY is 203m², which includes two extensions, according to the EPC inspection conducted in May 2009. 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 THE OLD BAKERY lies on this distribution: 75% of detached houses are smaller than THE OLD BAKERY, and 25% of houses are larger. Note that EPC data is not available for all properties in Oxton.

THE OLD BAKERY: Plot and Title Map

THE OLD BAKERY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of THE OLD BAKERY, 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 THE OLD BAKERY). 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 THE OLD BAKERY?

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