1, SUMMERING WALK, OKEHAMPTON, EX20 1US - £330,000

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 SUMMERING WALK is a large detached house of 131m², which could now be worth an estimated £392,804. It was last sold for £330,000 in February 2021, which was around 14% below the average February 2021 detached price in the West Devon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

1 SUMMERING WALK Sold Prices

Land registry data shows three sales for 1 SUMMERING WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three 1 SUMMERING WALK 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 4 FEB	£330,000	£385,288	14% below HPI
2018 11 DEC	£326,500	£362,910	10% below HPI
2016 18 FEB	£295,000	£316,460	7% below HPI

1 SUMMERING WALK 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 three 1 SUMMERING WALK sales between February 2016 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 December 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 SUMMERING WALK be worth now?

1 SUMMERING WALK might now be worth an estimated £392,804.

This is based on house price inflation of 19%, between February 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 19% inflationary increase is applied to the most recent sale price for 1 SUMMERING WALK of £330,000 on 4th February 2021. For the value to have increased from £330,000 to £392,804 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 SUMMERING WALK has moved in line with the HPI for detached houses in the West Devon local authority area.
• The February 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SUMMERING WALK has not materially changed since February 2021.

How Large is 1 SUMMERING WALK?

1 SUMMERING WALK is 131m² according to the EPC inspection conducted in November 2015. This puts it in the largest 20% 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 SUMMERING WALK lies on this distribution: 78% of detached houses houses are smaller than 1 SUMMERING WALK, and 19% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

1 SUMMERING WALK: Plot and Title Map

1 SUMMERING WALK sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 SUMMERING WALK, 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 SUMMERING WALK). 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 SUMMERING WALK?

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