11, PORTUGAL WAY, OKEHAMPTON, EX20 1DG - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 PORTUGAL WAY is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £297,655. It was last sold for £240,000 in March 2020, which was around 35% below the average March 2020 detached price in the West Devon local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

11 PORTUGAL WAY Sold Prices

Land registry data shows three sales for 11 PORTUGAL WAY 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 PORTUGAL WAY 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
2020 20 MAR	£240,000	£369,782	35% below HPI
2019 8 NOV	£250,000	£359,215	30% below HPI
2009 30 JUN	£232,500	£260,417	11% below HPI

11 PORTUGAL WAY 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 PORTUGAL WAY sales between June 2009 and March 2020 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 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 11 PORTUGAL WAY be worth now?

11 PORTUGAL WAY might now be worth an estimated £297,655.

This is based on house price inflation of 24%, between March 2020 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 24% inflationary increase is applied to the most recent sale price for 11 PORTUGAL WAY of £240,000 on 20th March 2020. For the value to have increased from £240,000 to £297,655 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 11 PORTUGAL WAY has moved in line with the HPI for detached houses in the West Devon local authority area.
• The March 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PORTUGAL WAY has not materially changed since March 2020.

How Large is 11 PORTUGAL WAY?

11 PORTUGAL WAY is 66m² according to the EPC inspection conducted in August 2019. 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 PORTUGAL WAY lies on this distribution: 3% of detached houses houses are smaller than 11 PORTUGAL WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

11 PORTUGAL WAY: Plot and Title Map

11 PORTUGAL WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 11 PORTUGAL WAY, 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 PORTUGAL WAY). 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 PORTUGAL WAY?

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