32, OAKLEA, TIVERTON, EX16 6NS - £245,000

32 OAKLEA is a very small extended detached house of 68m², built sometime between 1983 and 1990. It was last sold for £245,000 in May 2021, which was around 32% below the average May 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

32 OAKLEA Sold Prices

Land registry data shows two sales for 32 OAKLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 32 OAKLEA 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
2021 10 MAY	£245,000	£361,167	32% below HPI
2019 8 MAR	£210,000	£343,164	39% below HPI

32 OAKLEA 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 two 32 OAKLEA sales from March 2019 and May 2021 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 March 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 32 OAKLEA?

32 OAKLEA is 68m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Tiverton, based on EPC data. The below chart shows the distribution of detached houses by size in Tiverton, and where 32 OAKLEA lies on this distribution: 7% of detached houses are smaller than 32 OAKLEA, and 92% of houses are larger. Note that EPC data is not available for all properties in Tiverton.

32 OAKLEA: Plot and Title Map

32 OAKLEA sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 32 OAKLEA, 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 32 OAKLEA). 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 32 OAKLEA?

32 OAKLEA is located in TIVERTON, in the EX16 postcode district. The below map shows the position of No. 32 on OAKLEA.