OAKLEIGH, WELLMEAD, KILMINGTON, AXMINSTER, EX13 7SQ - £425,000

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

OAKLEIGH is a midsized detached house of 121m², built sometime between 1950 and 1966. It was last sold for £425,000 in August 2023, which was around 18% below the average August 2023 detached price in the East Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

OAKLEIGH Sold Prices

Land registry data shows three sales for OAKLEIGH 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 OAKLEIGH 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
2023 15 AUG	£425,000	£517,847	18% below HPI
2018 7 SEP	£255,600	£422,368	39% below HPI
2011 24 JUN	£230,000	£328,224	30% below HPI

OAKLEIGH 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 OAKLEIGH sales between June 2011 and August 2023 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 September 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is OAKLEIGH?

OAKLEIGH is 121m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Kilmington, based on EPC data. The below chart shows the distribution of detached houses by size in Kilmington, and where OAKLEIGH lies on this distribution: 48% of detached houses are smaller than OAKLEIGH, and 52% of houses are larger. Note that EPC data is not available for all properties in Kilmington.

OAKLEIGH: Plot and Title Map

OAKLEIGH sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of OAKLEIGH, 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 OAKLEIGH). 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 OAKLEIGH?

OAKLEIGH is located on WELLMEAD in KILMINGTON, in the EX13 postcode district. The below map shows the position of OAKLEIGH on WELLMEAD.