OAKLANDS, THORN CROSS, BOVEY TRACEY, NEWTON ABBOT, TQ13 9DW - £428,500

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.

OAKLANDS is a very large extended detached house of 176m², built sometime between 1950 and 1966, which could now be worth an estimated £528,123. It was last sold for £428,500 in June 2020, which was around 13% above the average June 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

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 Teignbridge 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
2020 19 JUN	£428,500	£379,283	13% above HPI
2014 31 JUL	£420,000	£312,313	34% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two OAKLANDS sales from July 2014 and June 2020 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 July 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £528,123.

This is based on house price inflation of 23.2%, between June 2020 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.2% inflationary increase is applied to the most recent sale price for OAKLANDS of £428,500 on 19th June 2020. For the value to have increased from £428,500 to £528,123 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The June 2020 sale price of £428,500 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since June 2020.

How Large is OAKLANDS?

OAKLANDS is 176m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovey Tracey, and where OAKLANDS lies on this distribution: 91% of detached houses houses are smaller than OAKLANDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.283 of an acre, or 1,146m². 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 THORN CROSS in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of OAKLANDS on THORN CROSS.