47, OAKLEA, HONITON, EX14 1XH - £245,000

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.

47 OAKLEA is a very small terraced house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £324,814. It was last sold for £245,000 in September 2016, which was around 22% above the average September 2016 terraced price in the East Devon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

47 OAKLEA Sold Prices

Land registry data shows two sales for 47 OAKLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. Both of the two 47 OAKLEA 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
2016 26 SEP	£245,000	£200,453	22% above HPI
2003 4 DEC	£179,950	£131,829	37% above HPI

47 OAKLEA Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The two 47 OAKLEA sales from December 2003 and September 2016 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 December 2003 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 47 OAKLEA be worth now?

47 OAKLEA might now be worth an estimated £324,814.

This is based on house price inflation of 32.6%, between September 2016 and June 2025, for terraced houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.6% inflationary increase is applied to the most recent sale price for 47 OAKLEA of £245,000 on 26th September 2016. For the value to have increased from £245,000 to £324,814 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 47 OAKLEA has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The September 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 47 OAKLEA has not materially changed since September 2016.

How Large is 47 OAKLEA?

47 OAKLEA is 68m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of terraced houses houses in Honiton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Honiton, and where 47 OAKLEA lies on this distribution: 10% of terraced houses houses are smaller than 47 OAKLEA, and 89% of houses are larger. Note that EPC data is not available for all properties in Honiton.

47 OAKLEA: Plot and Title Map

47 OAKLEA sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 47 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 47 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 47 OAKLEA?

47 OAKLEA is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 47 on OAKLEA.