7, OAKTREE CLOSE, EXMOUTH, EX8 4QL - £245,000

7 OAKTREE CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2020, which was around 41% below the average January 2020 detached price in the East Devon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was B.

7 OAKTREE CLOSE Sold Prices

Land registry data shows two sales for 7 OAKTREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 7 OAKTREE CLOSE 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
2020 31 JAN	£245,000	£418,465	41% below HPI
2005 10 AUG	£174,950	£290,439	40% below HPI

7 OAKTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 7 OAKTREE CLOSE sales from August 2005 and January 2020 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 August 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 OAKTREE CLOSE?

7 OAKTREE CLOSE is 69m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 7 OAKTREE CLOSE lies on this distribution: 11% of detached houses are smaller than 7 OAKTREE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

7 OAKTREE CLOSE: Plot and Title Map

7 OAKTREE CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 7 OAKTREE 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 7 OAKTREE 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 7 OAKTREE CLOSE?

7 OAKTREE CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 7 on OAKTREE CLOSE.