3, OAKTREE GARDENS, SOUTH MOLTON, EX36 3DF - £180,000

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.

3 OAKTREE GARDENS is a large detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £279,957. It was last sold for £180,000 in December 2013, which was around 37% below the average December 2013 detached price in the North Devon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

3 OAKTREE GARDENS Sold Prices

Land registry data shows two sales for 3 OAKTREE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 3 OAKTREE GARDENS 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
2013 13 DEC	£180,000	£286,205	37% below HPI
1998 6 MAR	£69,000	£91,324	24% below HPI

3 OAKTREE GARDENS 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 two 3 OAKTREE GARDENS sales from March 1998 and December 2013 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 March 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 OAKTREE GARDENS be worth now?

3 OAKTREE GARDENS might now be worth an estimated £279,957.

This is based on house price inflation of 55.5%, between December 2013 and February 2025, 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 55.5% inflationary increase is applied to the most recent sale price for 3 OAKTREE GARDENS of £180,000 on 13th December 2013. For the value to have increased from £180,000 to £279,957 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 OAKTREE GARDENS has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2013 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKTREE GARDENS has not materially changed since December 2013.

How Large is 3 OAKTREE GARDENS?

3 OAKTREE GARDENS is 113m² according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses houses in South Molton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Molton, and where 3 OAKTREE GARDENS lies on this distribution: 61% of detached houses houses are smaller than 3 OAKTREE GARDENS, and 39% of houses are larger. Note that EPC data is not available for all properties in South Molton.

3 OAKTREE GARDENS: Plot and Title Map

3 OAKTREE GARDENS sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 OAKTREE GARDENS, 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 OAKTREE GARDENS). 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 OAKTREE GARDENS?

3 OAKTREE GARDENS is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 3 on OAKTREE GARDENS.