OAK DEAN, DEANS LANE, SOUTH MOLTON, EX36 3DS - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAK DEAN is a very large extended detached house of 218m², built sometime between 1991 and 1995, which could now be worth an estimated £662,718. It was last sold for £460,000 in May 2015, which was around 49% above the average May 2015 detached price in the North Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

OAK DEAN Sold Prices

Land registry data shows three sales for OAK DEAN 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 OAK DEAN sales 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
2015 29 MAY	£460,000	£308,976	49% above HPI
2007 25 MAY	£367,500	£290,599	26% above HPI
1998 31 JUL	£158,750	£95,735	66% above HPI

OAK DEAN 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 OAK DEAN sales between July 1998 and May 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 May 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2015 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might OAK DEAN be worth now?

OAK DEAN might now be worth an estimated £662,718.

This is based on house price inflation of 44.1%, between May 2015 and February 2025, 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 44.1% inflationary increase is applied to the most recent sale price for OAK DEAN of £460,000 on 29th May 2015. For the value to have increased from £460,000 to £662,718 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of OAK DEAN has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2015 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of OAK DEAN has not materially changed since May 2015.

How Large is OAK DEAN?

OAK DEAN is 218m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses houses in South Molton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Molton, and where OAK DEAN lies on this distribution: 99% of detached houses houses are smaller than OAK DEAN, and 1% of houses are larger. Note that EPC data is not available for all properties in South Molton.

OAK DEAN: Plot and Title Map

OAK DEAN sits on a plot of roughly 0.304 of an acre, or 1,231m². The below map shows the location of OAK DEAN, 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 OAK DEAN). 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 OAK DEAN?

OAK DEAN is located on DEANS LANE in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of OAK DEAN on DEANS LANE.