OAKGATES, HAWKINS LANE, WEST HILL, OTTERY ST MARY, EX11 1XG - £600,000

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.

OAKGATES is a midsized detached house of 162m², built sometime between 1976 and 1982, which could now be worth an estimated £737,908. It was last sold for £600,000 in November 2019, which was around 37% above the average November 2019 detached price in the East Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

OAKGATES Sold Prices

Land registry data shows three sales for OAKGATES 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 OAKGATES 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
2019 18 NOV	£600,000	£439,018	37% above HPI
2017 14 JUN	£570,000	£400,007	42% above HPI
2005 28 FEB	£410,000	£299,662	37% above HPI

OAKGATES 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 OAKGATES sales between February 2005 and November 2019 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 June 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2019 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might OAKGATES be worth now?

OAKGATES might now be worth an estimated £737,908.

This is based on house price inflation of 23%, between November 2019 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 23% inflationary increase is applied to the most recent sale price for OAKGATES of £600,000 on 18th November 2019. For the value to have increased from £600,000 to £737,908 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of OAKGATES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2019 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of OAKGATES has not materially changed since November 2019.

How Large is OAKGATES?

OAKGATES is 162m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hill, and where OAKGATES lies on this distribution: 43% of detached houses houses are smaller than OAKGATES, and 56% of houses are larger. Note that EPC data is not available for all properties in West Hill.

OAKGATES: Plot and Title Map

OAKGATES sits on a plot of roughly 0.567 of an acre, or 2,294m². The below map shows the location of OAKGATES, 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 OAKGATES). 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 OAKGATES?

OAKGATES is located on HAWKINS LANE in WEST HILL, in the EX11 postcode district. The below map shows the position of OAKGATES on HAWKINS LANE.