OAKWELL, HIGHER BROAD OAK ROAD, WEST HILL, OTTERY ST MARY, EX11 1XJ - £520,000

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.

OAKWELL is a midsized extended detached house of 184m², built sometime between 1967 and 1975, which could now be worth an estimated £753,502. It was last sold for £520,000 in June 2015, which was around 40% above the average June 2015 detached price in the East Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

OAKWELL Sold Prices

Land registry data shows three sales for OAKWELL 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 OAKWELL 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
2015 10 JUN	£520,000	£372,608	40% above HPI
2008 13 NOV	£430,000	£327,897	31% above HPI
2002 2 SEP	£350,000	£231,672	51% above HPI

OAKWELL 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 OAKWELL sales between September 2002 and June 2015 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 November 2008 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might OAKWELL be worth now?

OAKWELL might now be worth an estimated £753,502.

This is based on house price inflation of 44.9%, between June 2015 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 44.9% inflationary increase is applied to the most recent sale price for OAKWELL of £520,000 on 10th June 2015. For the value to have increased from £520,000 to £753,502 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of OAKWELL has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2015 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWELL has not materially changed since June 2015.

How Large is OAKWELL?

OAKWELL is 184m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 OAKWELL lies on this distribution: 56% of detached houses houses are smaller than OAKWELL, and 43% of houses are larger. Note that EPC data is not available for all properties in West Hill.

OAKWELL: Plot and Title Map

OAKWELL sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of OAKWELL, 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 OAKWELL). 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 OAKWELL?

OAKWELL is located on HIGHER BROAD OAK ROAD in WEST HILL, in the EX11 postcode district. The below map shows the position of OAKWELL on HIGHER BROAD OAK ROAD.