OAKLANDS, BARROW ROAD, PAYHEMBURY, HONITON, EX14 3HX - £510,000

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

OAKLANDS is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £510,000 in July 2022, which was around 3% above the average July 2022 detached price in the East Devon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS 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. The three OAKLANDS sales were a mix of above the average price, and roughly equal to 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
2022 15 JUL	£510,000	£497,086	3% above HPI
2008 11 AUG	£331,500	£330,454	Close to HPI
1995 9 MAR	£123,000	£93,435	32% above HPI

OAKLANDS 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 OAKLANDS sales between March 1995 and July 2022 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 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 110m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses by size in Payhembury, and where OAKLANDS lies on this distribution: 44% of detached houses are smaller than OAKLANDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on BARROW ROAD in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of OAKLANDS on BARROW ROAD.