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

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.

OAKLEIGH is a midsized detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £430,443. It was last sold for £425,000 in August 2023, which was around 20% 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	£533,097	20% below HPI
2018 7 SEP	£255,600	£434,807	41% below HPI
2011 24 JUN	£230,000	£337,890	32% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might OAKLEIGH be worth now?

OAKLEIGH might now be worth an estimated £430,443.

This is based on house price inflation of 1.3%, between August 2023 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for OAKLEIGH of £425,000 on 15th August 2023. For the value to have increased from £425,000 to £430,443 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of OAKLEIGH has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEIGH has not materially changed since August 2023.

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 houses in Kilmington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kilmington, and where OAKLEIGH lies on this distribution: 46% of detached houses houses are smaller than OAKLEIGH, and 54% 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.