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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MARTINS CLOSE is a large detached house of 117m², built sometime between 2007 and 2011. It was last sold for £393,500 in August 2024, which was around 12% 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	£446,661	12% below HPI
2015 19 OCT	£271,000	£316,706	14% below HPI
2009 3 APR	£235,000	£267,426	12% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Hatherleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hatherleigh, and where 12 MARTINS CLOSE lies on this distribution: 62% of detached 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.