OAKLIE, WEST HILL, OTTERY ST MARY, EX11 1UB - £490,000

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.

OAKLIE is a very small extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £618,944. It was last sold for £490,000 in February 2018, which was around 15% above the average February 2018 detached price in the East Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

OAKLIE Sold Prices

Land registry data shows two sales for OAKLIE 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 OAKLIE 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
2018 23 FEB	£490,000	£427,443	15% above HPI
2003 17 OCT	£275,000	£271,121	1% above HPI

OAKLIE 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 OAKLIE sales from October 2003 and February 2018 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 October 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might OAKLIE be worth now?

OAKLIE might now be worth an estimated £618,944.

This is based on house price inflation of 26.3%, between February 2018 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 26.3% inflationary increase is applied to the most recent sale price for OAKLIE of £490,000 on 23rd February 2018. For the value to have increased from £490,000 to £618,944 over the seven years to February 2025, the following assumptions must hold true:

• The value of OAKLIE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2018 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLIE has not materially changed since February 2018.

How Large is OAKLIE?

OAKLIE is 120m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hill, and where OAKLIE lies on this distribution: 17% of detached houses houses are smaller than OAKLIE, and 83% of houses are larger. Note that EPC data is not available for all properties in West Hill.

OAKLIE: Plot and Title Map

OAKLIE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of OAKLIE, 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 OAKLIE). 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 OAKLIE?

OAKLIE is located in WEST HILL, in the EX11 postcode district. The below map shows the position of OAKLIE in WEST HILL.