2, OAK CLOSE, EXMINSTER, EXETER, EX6 8ST - £333,000

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

2 OAK CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £333,000 in August 2024, which was around 27% below the average August 2024 detached price in the Teignbridge local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 OAK CLOSE Sold Prices

Land registry data shows two sales for 2 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two 2 OAK CLOSE 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
2024 28 AUG	£333,000	£455,172	27% below HPI
2021 26 APR	£269,000	£397,500	32% below HPI

2 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two 2 OAK CLOSE sales from April 2021 and August 2024 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 OAK CLOSE?

2 OAK CLOSE is 71m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of detached houses in Exminster, based on EPC data. The below chart shows the distribution of detached houses by size in Exminster, and where 2 OAK CLOSE lies on this distribution: 4% of detached houses are smaller than 2 OAK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Exminster.

2 OAK CLOSE: Plot and Title Map

2 OAK CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 2 OAK CLOSE, 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 2 OAK CLOSE). 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 2 OAK CLOSE?

2 OAK CLOSE is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of No. 2 on OAK CLOSE.