4, OAK DRIVE, CULLOMPTON, EX15 1NW - £307,500

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

4 OAK DRIVE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £307,500 in May 2022, which was around 26% below the average May 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

4 OAK DRIVE Sold Prices

Land registry data shows four sales for 4 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 4 OAK DRIVE 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
2022 6 MAY	£307,500	£416,799	26% below HPI
2003 27 NOV	£172,000	£227,680	24% below HPI
2002 2 AUG	£119,950	£183,818	35% below HPI
1997 26 JUN	£62,250	£87,791	29% below HPI

4 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four 4 OAK DRIVE sales between June 1997 and May 2022 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 OAK DRIVE?

4 OAK DRIVE is 56m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where 4 OAK DRIVE lies on this distribution: 1% of detached houses are smaller than 4 OAK DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

4 OAK DRIVE: Plot and Title Map

4 OAK DRIVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 4 OAK DRIVE, 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 4 OAK DRIVE). 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 4 OAK DRIVE?

4 OAK DRIVE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 4 on OAK DRIVE.