17, OAKLEA, HONITON, EX14 1XH - £216,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 OAKLEA is a very small detached house of 59m², built sometime between 1983 and 1990, which could now be worth an estimated £341,514. It was last sold for £216,000 in March 2014, which was around 37% below the average March 2014 detached price in the East Devon local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

17 OAKLEA Sold Prices

Land registry data shows three sales for 17 OAKLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 17 OAKLEA 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
2014 5 MAR	£216,000	£343,380	37% below HPI
1998 29 APR	£83,000	£110,350	25% below HPI
1995 23 JAN	£68,000	£101,061	33% below HPI

17 OAKLEA 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 three 17 OAKLEA sales between January 1995 and March 2014 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 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 17 OAKLEA be worth now?

17 OAKLEA might now be worth an estimated £341,514.

This is based on house price inflation of 58.1%, between March 2014 and December 2024, 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 58.1% inflationary increase is applied to the most recent sale price for 17 OAKLEA of £216,000 on 5th March 2014. For the value to have increased from £216,000 to £341,514 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 17 OAKLEA has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2014 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 17 OAKLEA has not materially changed since March 2014.

How Large is 17 OAKLEA?

17 OAKLEA is 59m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honiton, and where 17 OAKLEA lies on this distribution: 3% of detached houses houses are smaller than 17 OAKLEA, and 96% of houses are larger. Note that EPC data is not available for all properties in Honiton.

17 OAKLEA: Plot and Title Map

17 OAKLEA sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 17 OAKLEA, 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 17 OAKLEA). 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 17 OAKLEA?

17 OAKLEA is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 17 on OAKLEA.