1, OAKWOOD RISE, EXMOUTH, EX8 4PU - £349,950

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.

1 OAKWOOD RISE is a large extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £434,553. It was last sold for £349,950 in September 2018, which was around 20% below the average September 2018 detached price in the East Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 OAKWOOD RISE Sold Prices

Land registry data shows four sales for 1 OAKWOOD RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 1 OAKWOOD RISE sales were for below 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 13 SEP	£349,950	£434,807	20% below HPI
2009 3 AUG	£249,999	£315,414	21% below HPI
2007 4 MAY	£285,000	£335,248	15% below HPI
2004 8 APR	£225,000	£281,511	20% below HPI

1 OAKWOOD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four 1 OAKWOOD RISE sales between April 2004 and September 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 August 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 OAKWOOD RISE be worth now?

1 OAKWOOD RISE might now be worth an estimated £434,553.

This is based on house price inflation of 24.2%, between September 2018 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.2% inflationary increase is applied to the most recent sale price for 1 OAKWOOD RISE of £349,950 on 13th September 2018. For the value to have increased from £349,950 to £434,553 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 OAKWOOD RISE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2018 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of 1 OAKWOOD RISE has not materially changed since September 2018.

How Large is 1 OAKWOOD RISE?

1 OAKWOOD RISE is 121m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 1 OAKWOOD RISE lies on this distribution: 62% of detached houses houses are smaller than 1 OAKWOOD RISE, and 37% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

1 OAKWOOD RISE: Plot and Title Map

1 OAKWOOD RISE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 OAKWOOD RISE, 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 OAKWOOD RISE). 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 OAKWOOD RISE?

1 OAKWOOD RISE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 1 on OAKWOOD RISE.