2, OAKTREE GARDENS, SOUTH MOLTON, EX36 3DF - £206,000

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.

2 OAKTREE GARDENS is a large extended semi-detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £277,352. It was last sold for £206,000 in September 2017, which was around 7% below the average September 2017 semi-detached price in the North Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 OAKTREE GARDENS Sold Prices

Land registry data shows five sales for 2 OAKTREE GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. Most of the five 2 OAKTREE GARDENS 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
2017 28 SEP	£206,000	£222,249	7% below HPI
2015 19 JAN	£185,000	£195,884	6% below HPI
2011 28 NOV	£197,500	£187,102	6% above HPI
2006 24 NOV	£208,000	£183,489	13% above HPI
1997 6 MAY	£60,000	£52,759	14% above HPI

2 OAKTREE GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The five 2 OAKTREE GARDENS sales between May 1997 and September 2017 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 January 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 OAKTREE GARDENS be worth now?

2 OAKTREE GARDENS might now be worth an estimated £277,352.

This is based on house price inflation of 34.6%, between September 2017 and February 2025, for semi-detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.6% inflationary increase is applied to the most recent sale price for 2 OAKTREE GARDENS of £206,000 on 28th September 2017. For the value to have increased from £206,000 to £277,352 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 OAKTREE GARDENS has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The September 2017 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKTREE GARDENS has not materially changed since September 2017.

How Large is 2 OAKTREE GARDENS?

2 OAKTREE GARDENS is 114m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of semi-detached houses houses in South Molton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Molton, and where 2 OAKTREE GARDENS lies on this distribution: 64% of semi-detached houses houses are smaller than 2 OAKTREE GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in South Molton.

2 OAKTREE GARDENS: Plot and Title Map

2 OAKTREE GARDENS sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 2 OAKTREE GARDENS, 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 2 OAKTREE GARDENS). 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 2 OAKTREE GARDENS?

2 OAKTREE GARDENS is located in SOUTH MOLTON, in the EX36 postcode district. The below map shows the position of No. 2 on OAKTREE GARDENS.