There’s no need to use replace for this.
What you have is a encoded string (using the string_escape
encoding) and you want to decode it:
>>> s = r"Escaped\nNewline"
>>> print s
Escaped\nNewline
>>> s.decode('string_escape')
'Escaped\nNewline'
>>> print s.decode('string_escape')
Escaped
Newline
>>> "a\\nb".decode('string_escape')
'a\nb'
In Python 3:
>>> import codecs
>>> codecs.decode('\\n\\x21', 'unicode_escape')
'\n!'