11, HOWARD CLOSE, OKEHAMPTON, EX20 1UJ - £230,000

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.

11 HOWARD CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £328,863. It was last sold for £230,000 in October 2015, which was around 28% below the average October 2015 detached price in the West Devon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

11 HOWARD CLOSE Sold Prices

Land registry data shows three sales for 11 HOWARD CLOSE 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 11 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
2015 2 OCT	£230,000	£320,745	28% below HPI
2015 24 APR	£240,000	£311,567	23% below HPI
2002 9 APR	£150,000	£176,260	15% below HPI

11 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 three 11 HOWARD CLOSE sales between April 2002 and October 2015 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 April 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 HOWARD CLOSE be worth now?

11 HOWARD CLOSE might now be worth an estimated £328,863.

This is based on house price inflation of 43%, between October 2015 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 43% inflationary increase is applied to the most recent sale price for 11 HOWARD CLOSE of £230,000 on 2nd October 2015. For the value to have increased from £230,000 to £328,863 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 HOWARD CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The October 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HOWARD CLOSE has not materially changed since October 2015.

How Large is 11 HOWARD CLOSE?

11 HOWARD CLOSE is 62m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 11 HOWARD CLOSE lies on this distribution: 2% of detached houses houses are smaller than 11 HOWARD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

11 HOWARD CLOSE: Plot and Title Map

11 HOWARD CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 11 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 11 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 11 HOWARD CLOSE?

11 HOWARD CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 11 on HOWARD CLOSE.