6, OAKLEA, HONITON, EX14 1XH - £220,000

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

6 OAKLEA is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £312,763. It was last sold for £220,000 in June 2016, which was around 42% below the average June 2016 detached price in the East Devon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

6 OAKLEA Sold Prices

Land registry data shows three sales for 6 OAKLEA 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 6 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
2016 3 JUN	£220,000	£379,787	42% below HPI
2015 26 MAR	£216,000	£354,729	39% below HPI
2007 9 MAY	£190,000	£335,248	43% below HPI

6 OAKLEA 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 6 OAKLEA sales between May 2007 and June 2016 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 March 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2016 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 6 OAKLEA be worth now?

6 OAKLEA might now be worth an estimated £312,763.

This is based on house price inflation of 42.2%, between June 2016 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 42.2% inflationary increase is applied to the most recent sale price for 6 OAKLEA of £220,000 on 3rd June 2016. For the value to have increased from £220,000 to £312,763 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 6 OAKLEA has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKLEA has not materially changed since June 2016.

How Large is 6 OAKLEA?

6 OAKLEA is 73m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honiton, and where 6 OAKLEA lies on this distribution: 14% of detached houses houses are smaller than 6 OAKLEA, and 85% of houses are larger. Note that EPC data is not available for all properties in Honiton.

6 OAKLEA: Plot and Title Map

6 OAKLEA sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 6 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 6 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 6 OAKLEA?

6 OAKLEA is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 6 on OAKLEA.