LILAC FARM BARN, WATER LANE, OXTON, SOUTHWELL, NG25 0SH - £700,000

LILAC FARM BARN is a very large extended detached house of 257m², built sometime before 1900. It was last sold for £700,000 in September 2019, which was around 156% above the average September 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

LILAC FARM BARN Sold Prices

Land registry data shows two sales for LILAC FARM BARN 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 LILAC FARM BARN 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
2019 27 SEP	£700,000	£273,716	156% above HPI
2014 3 APR	£460,000	£213,655	115% above HPI

LILAC FARM BARN 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 LILAC FARM BARN sales from April 2014 and September 2019 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 April 2014 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the September 2019 sale, where it rises to 156% above the HPI. The line then continues to track at 156% above the HPI.

How Large is LILAC FARM BARN?

LILAC FARM BARN is 257m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Oxton, based on EPC data. The below chart shows the distribution of detached houses by size in Oxton, and where LILAC FARM BARN lies on this distribution: 86% of detached houses are smaller than LILAC FARM BARN, and 14% of houses are larger. Note that EPC data is not available for all properties in Oxton.

LILAC FARM BARN: Plot and Title Map

LILAC FARM BARN sits on a plot of roughly 0.308 of an acre, or 1,248m². The below map shows the location of LILAC FARM BARN, 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 LILAC FARM BARN). 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 LILAC FARM BARN?

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