12, MARTINS CLOSE, HATHERLEIGH, OKEHAMPTON, EX20 3GB - £393,500

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.

12 MARTINS CLOSE is a large detached house of 117m², built sometime between 2007 and 2011, which could now be worth an estimated £420,510. It was last sold for £393,500 in August 2024, which was around 8% below the average August 2024 detached price in the West Devon local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was A.

12 MARTINS CLOSE Sold Prices

Land registry data shows three sales for 12 MARTINS 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 12 MARTINS 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
2024 8 AUG	£393,500	£429,157	8% below HPI
2015 19 OCT	£271,000	£320,745	16% below HPI
2009 3 APR	£235,000	£270,837	13% below HPI

12 MARTINS 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 12 MARTINS CLOSE sales between April 2009 and August 2024 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 October 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12 MARTINS CLOSE be worth now?

12 MARTINS CLOSE might now be worth an estimated £420,510.

This is based on house price inflation of 6.9%, between August 2024 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 6.9% inflationary increase is applied to the most recent sale price for 12 MARTINS CLOSE of £393,500 on 8th August 2024. For the value to have increased from £393,500 to £420,510 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 12 MARTINS CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2024 sale price of £393,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MARTINS CLOSE has not materially changed since August 2024.

How Large is 12 MARTINS CLOSE?

12 MARTINS CLOSE is 117m² according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses houses in Hatherleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatherleigh, and where 12 MARTINS CLOSE lies on this distribution: 60% of detached houses houses are smaller than 12 MARTINS CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hatherleigh.

12 MARTINS CLOSE: Plot and Title Map

12 MARTINS CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 12 MARTINS 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 12 MARTINS 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 12 MARTINS CLOSE?

12 MARTINS CLOSE is located in HATHERLEIGH, in the EX20 postcode district. The below map shows the position of No. 12 on MARTINS CLOSE.