OAKTREE COTTAGE, BACK LANE, CHULMLEIGH, EX18 7AX - £480,000

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

OAKTREE COTTAGE is a large extended detached house of 143m², built sometime between 2003 and 2006. It was last sold for £480,000 in April 2023, which was around 9% above the average April 2023 detached price in the North Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

OAKTREE COTTAGE Sold Prices

Land registry data shows three sales for OAKTREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. One of the three OAKTREE COTTAGE sales was for above the average price, whilst two 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 5 APR	£480,000	£439,405	9% above HPI
2004 24 MAR	£60,000	£231,827	74% below HPI
1998 16 JAN	£35,000	£91,160	62% below HPI

OAKTREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three OAKTREE COTTAGE sales between January 1998 and April 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 March 2004 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the April 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is OAKTREE COTTAGE?

OAKTREE COTTAGE is 143m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Chulmleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Chulmleigh, and where OAKTREE COTTAGE lies on this distribution: 77% of detached houses are smaller than OAKTREE COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

OAKTREE COTTAGE: Plot and Title Map

OAKTREE COTTAGE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of OAKTREE COTTAGE, 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 OAKTREE COTTAGE). 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 OAKTREE COTTAGE?

OAKTREE COTTAGE is located on BACK LANE in CHULMLEIGH, in the EX18 postcode district. The below map shows the position of OAKTREE COTTAGE on BACK LANE.