8, THE OAKS, BOVEY TRACEY, NEWTON ABBOT, TQ13 9QX - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 THE OAKS is a small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £425,000 in April 2023, which was around 7% below the average April 2023 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 THE OAKS Sold Prices

Land registry data shows four sales for 8 THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. two of the four 8 THE OAKS sales were for below the average price, and four were for above 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
2023 12 APR	£425,000	£457,200	7% below HPI
2020 30 OCT	£365,000	£387,747	6% below HPI
2011 1 AUG	£300,000	£280,746	7% above HPI
1995 18 AUG	£115,000	£73,951	56% above HPI

8 THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The four 8 THE OAKS sales between August 1995 and April 2023 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 October 2020 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 THE OAKS?

8 THE OAKS is 91m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses by size in Bovey Tracey, and where 8 THE OAKS lies on this distribution: 29% of detached houses are smaller than 8 THE OAKS, and 70% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

8 THE OAKS: Plot and Title Map

8 THE OAKS sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 8 THE OAKS, 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 THE OAKS). 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 THE OAKS?

8 THE OAKS is located in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of No. 8 on THE OAKS.