1, HOWARD CLOSE, OKEHAMPTON, EX20 1UJ - £360,000

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.

1 HOWARD CLOSE is a small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £408,101. It was last sold for £360,000 in September 2021, which was around 11% below the average September 2021 detached price in the West Devon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

1 HOWARD CLOSE Sold Prices

Land registry data shows four sales for 1 HOWARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Most of the four 1 HOWARD 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
2021 14 SEP	£360,000	£404,559	11% below HPI
2017 10 NOV	£285,000	£340,002	16% below HPI
2015 30 JUN	£263,000	£313,414	16% below HPI
2001 31 MAY	£149,950	£145,127	3% above HPI

1 HOWARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The four 1 HOWARD CLOSE sales between May 2001 and September 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 HOWARD CLOSE be worth now?

1 HOWARD CLOSE might now be worth an estimated £408,101.

This is based on house price inflation of 13.4%, between September 2021 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 1 HOWARD CLOSE of £360,000 on 14th September 2021. For the value to have increased from £360,000 to £408,101 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 HOWARD CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The September 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOWARD CLOSE has not materially changed since September 2021.

How Large is 1 HOWARD CLOSE?

1 HOWARD CLOSE is 85m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Okehampton, and where 1 HOWARD CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 HOWARD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

1 HOWARD CLOSE: Plot and Title Map

1 HOWARD CLOSE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 1 HOWARD 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 1 HOWARD 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 1 HOWARD CLOSE?

1 HOWARD CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 1 on HOWARD CLOSE.