1, OAK DRIVE, CULLOMPTON, EX15 1NW - £246,000

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

1 OAK DRIVE is a very large detached house of 177m², built sometime between 1983 and 1990. It was last sold for £246,000 in August 2012, which was around 8% below the average August 2012 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

1 OAK DRIVE Sold Prices

Land registry data shows two sales for 1 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. One of the two 1 OAK DRIVE sales was for below the average price, whilst the other was 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
2012 31 AUG	£246,000	£266,872	8% below HPI
2003 10 OCT	£239,000	£225,635	6% above HPI

1 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two 1 OAK DRIVE sales from October 2003 and August 2012 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 October 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 OAK DRIVE?

1 OAK DRIVE is 177m² according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where 1 OAK DRIVE lies on this distribution: 96% of detached houses are smaller than 1 OAK DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

1 OAK DRIVE: Plot and Title Map

1 OAK DRIVE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 1 OAK DRIVE, 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 1 OAK DRIVE). 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 1 OAK DRIVE?

1 OAK DRIVE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 1 on OAK DRIVE.