3, OAKHILL RISE, ROUNDSWELL, BARNSTAPLE, EX31 3SE - £282,000

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

3 OAKHILL RISE is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £314,970. It was last sold for £282,000 in August 2021, which was around 27% below the average August 2021 detached price in the North Devon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

3 OAKHILL RISE Sold Prices

Land registry data shows three sales for 3 OAKHILL RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 3 OAKHILL 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
2021 20 AUG	£282,000	£385,695	27% below HPI
2014 1 DEC	£230,000	£301,809	24% below HPI
2007 10 AUG	£222,000	£296,186	25% below HPI

3 OAKHILL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three 3 OAKHILL RISE sales between August 2007 and August 2021 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 December 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 OAKHILL RISE be worth now?

3 OAKHILL RISE might now be worth an estimated £314,970.

This is based on house price inflation of 11.7%, between August 2021 and December 2024, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.7% inflationary increase is applied to the most recent sale price for 3 OAKHILL RISE of £282,000 on 20th August 2021. For the value to have increased from £282,000 to £314,970 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 OAKHILL RISE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2021 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKHILL RISE has not materially changed since August 2021.

How Large is 3 OAKHILL RISE?

3 OAKHILL RISE is 95m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnstaple, and where 3 OAKHILL RISE lies on this distribution: 37% of detached houses houses are smaller than 3 OAKHILL RISE, and 61% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

3 OAKHILL RISE: Plot and Title Map

3 OAKHILL RISE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 3 OAKHILL 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 3 OAKHILL 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 3 OAKHILL RISE?

3 OAKHILL RISE is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 3 on OAKHILL RISE.