OAKLEA, TOWN LANE, WOODBURY, EXETER, EX5 1NE - £380,000

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

OAKLEA is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £380,000 in August 2020, which was around 12% below the average August 2020 detached price in the East Devon local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

OAKLEA Sold Prices

Land registry data shows two sales for OAKLEA 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 OAKLEA sales were for below 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 21 AUG	£380,000	£430,436	12% below HPI
2003 7 FEB	£220,000	£246,305	11% below HPI

OAKLEA 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 OAKLEA sales from February 2003 and August 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 February 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is OAKLEA?

OAKLEA is 84m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Woodbury, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbury, and where OAKLEA lies on this distribution: 14% of detached houses are smaller than OAKLEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Woodbury.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on TOWN LANE in WOODBURY, in the EX5 postcode district. The below map shows the position of OAKLEA on TOWN LANE.