5, OAK CLOSE, EXMINSTER, EXETER, EX6 8ST - £57,000

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.

5 OAK CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £261,275. It was last sold for £57,000 in April 1999, which was around 10% above the average April 1999 terraced price in the Teignbridge local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

5 OAK CLOSE Sold Prices

Land registry data shows three sales for 5 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Teignbridge local authority area for the corresponding sale date. All of the three 5 OAK CLOSE 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
1999 1 APR	£57,000	£51,710	10% above HPI
1996 15 MAR	£50,500	£39,727	27% above HPI
1995 21 DEC	£50,000	£41,793	20% above HPI

5 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Teignbridge local authority area over time, sourced from the HPI. The three 5 OAK CLOSE sales between December 1995 and April 1999 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 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 1999 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 OAK CLOSE be worth now?

5 OAK CLOSE might now be worth an estimated £261,275.

This is based on house price inflation of 358.4%, between April 1999 and April 2026, for terraced 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 358.4% inflationary increase is applied to the most recent sale price for 5 OAK CLOSE of £57,000 on 1st April 1999. For the value to have increased from £57,000 to £261,275 over the 27 years to April 2026, the following assumptions must hold true:

• The value of 5 OAK CLOSE has moved in line with the HPI for terraced houses in the Teignbridge local authority area.
• The April 1999 sale price of £57,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK CLOSE has not materially changed since April 1999.

How Large is 5 OAK CLOSE?

5 OAK CLOSE is 55m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of terraced houses houses in Exminster, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Exminster, and where 5 OAK CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 OAK CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Exminster.

5 OAK CLOSE: Plot and Title Map

5 OAK CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 5 OAK CLOSE, 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 5 OAK CLOSE). 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 5 OAK CLOSE?

5 OAK CLOSE is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of No. 5 on OAK CLOSE.