TWO WAYS, WINDMILL HILL, OXTON, SOUTHWELL, NG25 0SU - £475,000

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.

TWO WAYS is a large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £625,114. It was last sold for £475,000 in May 2018, which was around 78% above the average May 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

TWO WAYS Sold Prices

Land registry data shows two sales for TWO WAYS 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 TWO WAYS 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
2018 29 MAY	£475,000	£267,466	78% above HPI
2012 2 NOV	£220,000	£216,343	2% above HPI

TWO WAYS 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 TWO WAYS sales from November 2012 and May 2018 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 November 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2018 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might TWO WAYS be worth now?

TWO WAYS might now be worth an estimated £625,114.

This is based on house price inflation of 31.6%, between May 2018 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 31.6% inflationary increase is applied to the most recent sale price for TWO WAYS of £475,000 on 29th May 2018. For the value to have increased from £475,000 to £625,114 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of TWO WAYS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The May 2018 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of TWO WAYS has not materially changed since May 2018.

How Large is TWO WAYS?

TWO WAYS is 177m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% 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 TWO WAYS lies on this distribution: 64% of detached houses houses are smaller than TWO WAYS, and 36% of houses are larger. Note that EPC data is not available for all properties in Oxton.

TWO WAYS: Plot and Title Map

TWO WAYS sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of TWO WAYS, 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 TWO WAYS). 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 TWO WAYS?

TWO WAYS is located on WINDMILL HILL in OXTON, in the NG25 postcode district. The below map shows the position of TWO WAYS on WINDMILL HILL.