2, THE OAKS, BOVEY TRACEY, NEWTON ABBOT, TQ13 9QX - £501,000

2 THE OAKS is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £501,000 in February 2022, which was around 9% above the average February 2022 detached price in the Teignbridge local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

2 THE OAKS Sold Prices

Land registry data shows five sales for 2 THE OAKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the five 2 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
2022 7 FEB	£501,000	£460,581	9% above HPI
2015 9 APR	£337,500	£301,985	12% above HPI
2009 10 JUL	£296,000	£266,539	11% above HPI
1997 27 AUG	£118,000	£92,539	28% above HPI
1995 1 NOV	£110,000	£74,453	48% above HPI

2 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 five 2 THE OAKS sales between November 1995 and February 2022 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 April 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 112m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses by size in Bovey Tracey, and where 2 THE OAKS lies on this distribution: 51% of detached houses are smaller than 2 THE OAKS, and 48% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 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 2 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 2 THE OAKS?

2 THE OAKS is located in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of No. 2 on THE OAKS.