OAKLANDS, GERWAY LANE, OTTERY ST MARY, EX11 1PW - £560,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAKLANDS is a large detached house of 140m², built sometime between 1976 and 1982. It was last sold for £560,000 in January 2019, which was around 28% above the average January 2019 detached price in the East Devon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two OAKLANDS 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 25 JAN	£560,000	£436,915	28% above HPI
2002 30 AUG	£335,000	£219,308	53% 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 two OAKLANDS sales from August 2002 and January 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 August 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 140m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of detached houses by size in Ottery St Mary, and where OAKLANDS lies on this distribution: 79% of detached houses are smaller than OAKLANDS, and 21% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.994 of an acre, or 4,022m². 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 GERWAY LANE in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of OAKLANDS on GERWAY LANE.