YOUNG OAK, WATER LANE, OXTON, SOUTHWELL, NG25 0SH - £365,000

YOUNG OAK is a large extended detached house of 174m², built sometime before 1900. It was last sold for £365,000 in October 2015, which was around 52% above the average October 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

YOUNG OAK Sold Prices

Land registry data shows three sales for YOUNG OAK 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 YOUNG OAK 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
2015 14 OCT	£365,000	£239,424	52% above HPI
2006 2 JUN	£376,500	£207,227	82% above HPI
2003 22 AUG	£275,000	£169,610	62% above HPI

YOUNG OAK 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 YOUNG OAK sales between August 2003 and October 2015 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 June 2006 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the October 2015 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is YOUNG OAK?

YOUNG OAK is 174m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% of detached houses in Oxton, based on EPC data. The below chart shows the distribution of detached houses by size in Oxton, and where YOUNG OAK lies on this distribution: 64% of detached houses are smaller than YOUNG OAK, and 36% of houses are larger. Note that EPC data is not available for all properties in Oxton.

YOUNG OAK: Plot and Title Map

YOUNG OAK sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of YOUNG OAK, 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 YOUNG OAK). 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 YOUNG OAK?

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