3, OAKTREE ROAD, SOUTH MOLTON, EX36 4FJ - £330,000

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 ROAD is a small detached house of 94m², which could now be worth an estimated £347,023. It was last sold for £330,000 in April 2024, which was around 22% below the average April 2024 detached price in the North Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

3 OAKTREE ROAD Sold Prices

Land registry data shows two sales for 3 OAKTREE ROAD 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 ROAD 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 19 APR	£330,000	£423,303	22% below HPI
2018 14 JUN	£284,950	£310,617	8% below HPI

3 OAKTREE ROAD 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 ROAD sales from June 2018 and April 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 June 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 OAKTREE ROAD be worth now?

3 OAKTREE ROAD might now be worth an estimated £347,023.

This is based on house price inflation of 5.2%, between April 2024 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 5.2% inflationary increase is applied to the most recent sale price for 3 OAKTREE ROAD of £330,000 on 19th April 2024. For the value to have increased from £330,000 to £347,023 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 3 OAKTREE ROAD has moved in line with the HPI for detached houses in the North Devon local authority area.
• The April 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKTREE ROAD has not materially changed since April 2024.

How Large is 3 OAKTREE ROAD?

3 OAKTREE ROAD is 94m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 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 ROAD lies on this distribution: 34% of detached houses houses are smaller than 3 OAKTREE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in South Molton.

3 OAKTREE ROAD: Plot and Title Map

3 OAKTREE ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 3 OAKTREE ROAD, 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 ROAD). 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 ROAD?

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