15, THE OAKS, BOVEY TRACEY, NEWTON ABBOT, TQ13 9QX - £382,000

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.

15 THE OAKS is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £461,209. It was last sold for £382,000 in November 2020, which was around 4% below the average November 2020 detached price in the Teignbridge local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 THE OAKS Sold Prices

Land registry data shows four sales for 15 THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Most of the four 15 THE OAKS 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
2020 27 NOV	£382,000	£398,392	4% below HPI
2014 24 NOV	£325,000	£318,115	2% above HPI
2009 26 FEB	£300,000	£253,491	18% above HPI
1996 10 MAY	£111,000	£83,028	34% above HPI

15 THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The four 15 THE OAKS sales between May 1996 and November 2020 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 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 THE OAKS be worth now?

15 THE OAKS might now be worth an estimated £461,209.

This is based on house price inflation of 20.7%, between November 2020 and October 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 15 THE OAKS of £382,000 on 27th November 2020. For the value to have increased from £382,000 to £461,209 over the five years and one month to October 2025, the following assumptions must hold true:

• The value of 15 THE OAKS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The November 2020 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE OAKS has not materially changed since November 2020.

How Large is 15 THE OAKS?

15 THE OAKS is 90m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovey Tracey, and where 15 THE OAKS lies on this distribution: 28% of detached houses houses are smaller than 15 THE OAKS, and 72% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

15 THE OAKS: Plot and Title Map

15 THE OAKS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 15 THE OAKS, 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 15 THE OAKS). 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 15 THE OAKS?

15 THE OAKS is located in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of No. 15 on THE OAKS.