8, OAK TREE DRIVE, BARNSTAPLE, EX32 0HE - £330,000

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

8 OAK TREE DRIVE is a small extended detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £333,356. It was last sold for £330,000 in August 2024, which was around 23% below the average August 2024 detached price in the North Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

8 OAK TREE DRIVE Sold Prices

Land registry data shows five sales for 8 OAK TREE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the five 8 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
2024 20 AUG	£330,000	£426,452	23% below HPI
2013 28 AUG	£208,000	£268,860	23% below HPI
2004 30 JUL	£167,000	£252,380	34% below HPI
2001 20 AUG	£97,500	£147,453	34% below HPI
2000 22 SEP	£84,000	£131,913	36% below HPI

8 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 five 8 OAK TREE DRIVE sales between September 2000 and August 2024 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 August 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, which was also at 23% below the HPI.

What might 8 OAK TREE DRIVE be worth now?

8 OAK TREE DRIVE might now be worth an estimated £333,356.

This is based on house price inflation of 1%, between August 2024 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 1% inflationary increase is applied to the most recent sale price for 8 OAK TREE DRIVE of £330,000 on 20th August 2024. For the value to have increased from £330,000 to £333,356 over the eight months to December 2024, the following assumptions must hold true:

• The value of 8 OAK TREE DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAK TREE DRIVE has not materially changed since August 2024.

How Large is 8 OAK TREE DRIVE?

8 OAK TREE DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% 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 8 OAK TREE DRIVE lies on this distribution: 36% of detached houses houses are smaller than 8 OAK TREE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Westacott.

8 OAK TREE DRIVE: Plot and Title Map

8 OAK TREE DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 8 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 8 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 8 OAK TREE DRIVE?

8 OAK TREE DRIVE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 8 on OAK TREE DRIVE.