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

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

OAK DEAN is a very large extended detached house of 218m², built sometime between 1991 and 1995. It was last sold for £460,000 in May 2015, which was around 52% 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	£301,790	52% above HPI
2007 25 MAY	£367,500	£283,841	29% above HPI
1998 31 JUL	£158,750	£93,509	70% 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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2015 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

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 in South Molton, based on EPC data. The below chart shows the distribution of detached houses by size in South Molton, and where OAK DEAN lies on this distribution: 98% of detached houses are smaller than OAK DEAN, and 2% 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.