OAKBANK, HIGHER BROAD OAK ROAD, WEST HILL, OTTERY ST MARY, EX11 1XJ - £875,000

OAKBANK is a large extended detached house of 215m², built sometime between 1950 and 1966. It was last sold for £875,000 in May 2010, which was around 167% above the average May 2010 detached price in the East Devon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

OAKBANK Sold Prices

Land registry data shows four sales for OAKBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four OAKBANK 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
2010 21 MAY	£875,000	£327,738	167% above HPI
2004 11 MAY	£475,000	£280,102	70% above HPI
1999 9 AUG	£215,000	£123,969	73% above HPI
1995 1 FEB	£117,000	£95,992	22% above HPI

OAKBANK 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 four OAKBANK sales between February 1995 and May 2010 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 May 2004 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the May 2010 sale, where it rises to 167% above the HPI. The line then continues to track at 167% above the HPI.

How Large is OAKBANK?

OAKBANK is 215m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses by size in West Hill, and where OAKBANK lies on this distribution: 72% of detached houses are smaller than OAKBANK, and 28% of houses are larger. Note that EPC data is not available for all properties in West Hill.

OAKBANK: Plot and Title Map

OAKBANK sits on a plot of roughly 0.625 of an acre, or 2,530m². The below map shows the location of OAKBANK, 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 OAKBANK). 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 OAKBANK?

OAKBANK is located on HIGHER BROAD OAK ROAD in WEST HILL, in the EX11 postcode district. The below map shows the position of OAKBANK on HIGHER BROAD OAK ROAD.