40, OAK TREE DRIVE, BARNSTAPLE, EX32 0HE - £196,000

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

40 OAK TREE DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £268,039. It was last sold for £196,000 in September 2015, which was around 38% below the average September 2015 detached price in the North 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.

40 OAK TREE DRIVE Sold Prices

Land registry data shows three sales for 40 OAK TREE DRIVE 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 40 OAK TREE 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
2015 25 SEP	£196,000	£315,009	38% below HPI
2013 6 DEC	£190,000	£286,205	34% below HPI
2009 7 DEC	£170,000	£275,735	38% below HPI

40 OAK TREE DRIVE 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 40 OAK TREE DRIVE sales between December 2009 and September 2015 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 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 40 OAK TREE DRIVE be worth now?

40 OAK TREE DRIVE might now be worth an estimated £268,039.

This is based on house price inflation of 36.8%, between September 2015 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 36.8% inflationary increase is applied to the most recent sale price for 40 OAK TREE DRIVE of £196,000 on 25th September 2015. For the value to have increased from £196,000 to £268,039 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 40 OAK TREE DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2015 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OAK TREE DRIVE has not materially changed since September 2015.

How Large is 40 OAK TREE DRIVE?

40 OAK TREE DRIVE is 70m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Westacott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westacott, and where 40 OAK TREE DRIVE lies on this distribution: 11% of detached houses houses are smaller than 40 OAK TREE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Westacott.

40 OAK TREE DRIVE: Plot and Title Map

40 OAK TREE DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 40 OAK TREE 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 40 OAK TREE 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 40 OAK TREE DRIVE?

40 OAK TREE DRIVE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 40 on OAK TREE DRIVE.