OAKTREE, HIGH STREET, OKEHAMPTON, EX20 1JP - £145,000

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

OAKTREE is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £145,000 in November 2011, which was around 49% below the average November 2011 detached price in the West Devon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

OAKTREE Sold Prices

Land registry data shows two sales for OAKTREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two OAKTREE 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
2011 18 NOV	£145,000	£282,675	49% below HPI
2002 8 FEB	£115,000	£163,419	30% below HPI

OAKTREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two OAKTREE sales from February 2002 and November 2011 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2011 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is OAKTREE?

OAKTREE is 81m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where OAKTREE lies on this distribution: 17% of detached houses are smaller than OAKTREE, and 83% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

OAKTREE: Plot and Title Map

OAKTREE sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of OAKTREE, 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). 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?

OAKTREE is located on HIGH STREET in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of OAKTREE on HIGH STREET.