THE OAKS, LOWER ARGYLL ROAD, EXETER, EX4 4QZ - £547,000

THE OAKS is a very large extended detached house of 220m², built sometime between 1930 and 1949. It was last sold for £547,000 in February 2021, which was around 15% above the average February 2021 detached price in the Exeter local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. One of the two THE OAKS sales was for above the average price, whilst the other was 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 17 FEB	£547,000	£475,349	15% above HPI
2001 12 NOV	£175,000	£189,285	8% below HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two THE OAKS sales from November 2001 and February 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 November 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is THE OAKS?

THE OAKS is 220m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where THE OAKS lies on this distribution: 95% of detached houses are smaller than THE OAKS, and 5% of houses are larger. Note that EPC data is not available for all properties in Exeter.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.299 of an acre, or 1,208m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on LOWER ARGYLL ROAD in EXETER, in the EX4 postcode district. The below map shows the position of THE OAKS on LOWER ARGYLL ROAD.