35, OAKLEA, HONITON, EX14 1XH - £247,500

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.

35 OAKLEA is a very small semi-detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £298,934. It was last sold for £247,500 in December 2020, which was around 12% below the average December 2020 semi-detached price in the East Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

35 OAKLEA Sold Prices

Land registry data shows four sales for 35 OAKLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the four 35 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
2020 4 DEC	£247,500	£280,263	12% below HPI
2003 6 NOV	£155,000	£163,608	5% below HPI
2002 30 SEP	£130,000	£135,522	4% below HPI
1996 10 JUN	£55,000	£56,384	2% below HPI

35 OAKLEA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The four 35 OAKLEA sales between June 1996 and December 2020 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 November 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 35 OAKLEA be worth now?

35 OAKLEA might now be worth an estimated £298,934.

This is based on house price inflation of 20.8%, between December 2020 and February 2025, for semi-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 20.8% inflationary increase is applied to the most recent sale price for 35 OAKLEA of £247,500 on 4th December 2020. For the value to have increased from £247,500 to £298,934 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 35 OAKLEA has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The December 2020 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 35 OAKLEA has not materially changed since December 2020.

How Large is 35 OAKLEA?

35 OAKLEA is 74m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Honiton, and where 35 OAKLEA lies on this distribution: 15% of semi-detached houses houses are smaller than 35 OAKLEA, and 84% of houses are larger. Note that EPC data is not available for all properties in Honiton.

35 OAKLEA: Plot and Title Map

35 OAKLEA sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 35 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 35 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 35 OAKLEA?

35 OAKLEA is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 35 on OAKLEA.