11A, OAK DRIVE, CULLOMPTON, EX15 1NW - £182,500

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.

11A OAK DRIVE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £249,632. It was last sold for £182,500 in July 2015, which was around 40% below the average July 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

11A OAK DRIVE Sold Prices

Land registry data shows four sales for 11A OAK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 11A OAK DRIVE 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
2015 8 JUL	£182,500	£305,618	40% below HPI
2014 10 SEP	£185,000	£303,727	39% below HPI
2002 21 OCT	£135,000	£200,685	33% below HPI
2000 28 JUL	£85,950	£133,042	35% below HPI

11A OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four 11A OAK DRIVE sales between July 2000 and July 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 September 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 11A OAK DRIVE be worth now?

11A OAK DRIVE might now be worth an estimated £249,632.

This is based on house price inflation of 36.8%, between July 2015 and July 2026, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 11A OAK DRIVE of £182,500 on 8th July 2015. For the value to have increased from £182,500 to £249,632 over the eleven years to July 2026, the following assumptions must hold true:

• The value of 11A OAK DRIVE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The July 2015 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 11A OAK DRIVE has not materially changed since July 2015.

How Large is 11A OAK DRIVE?

11A OAK DRIVE is 71m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cullompton, and where 11A OAK DRIVE lies on this distribution: 5% of detached houses houses are smaller than 11A OAK DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

11A OAK DRIVE: Plot and Title Map

11A OAK DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 11A OAK DRIVE, 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 11A OAK DRIVE). 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 11A OAK DRIVE?

11A OAK DRIVE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 11A on OAK DRIVE.