5, OAKTREE CLOSE, EXMOUTH, EX8 4QL - £395,000

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

5 OAKTREE CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £437,539. It was last sold for £395,000 in January 2022, which was around 19% below the average January 2022 detached price in the East Devon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 OAKTREE CLOSE Sold Prices

Land registry data shows three sales for 5 OAKTREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 5 OAKTREE CLOSE 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 18 JAN	£395,000	£487,432	19% below HPI
2020 5 JUN	£315,000	£433,125	27% below HPI
2018 21 SEP	£261,000	£434,807	40% below HPI

5 OAKTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three 5 OAKTREE CLOSE sales between September 2018 and January 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 June 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 OAKTREE CLOSE be worth now?

5 OAKTREE CLOSE might now be worth an estimated £437,539.

This is based on house price inflation of 10.8%, between January 2022 and February 2025, for 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 10.8% inflationary increase is applied to the most recent sale price for 5 OAKTREE CLOSE of £395,000 on 18th January 2022. For the value to have increased from £395,000 to £437,539 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 OAKTREE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAKTREE CLOSE has not materially changed since January 2022.

How Large is 5 OAKTREE CLOSE?

5 OAKTREE CLOSE is 62m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 5 OAKTREE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 5 OAKTREE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

5 OAKTREE CLOSE: Plot and Title Map

5 OAKTREE CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 5 OAKTREE CLOSE, 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 5 OAKTREE CLOSE). 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 5 OAKTREE CLOSE?

5 OAKTREE CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 5 on OAKTREE CLOSE.