12, POUND PARK, OKEHAMPTON, EX20 1SX - £245,000

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.

12 POUND PARK is a midsized extended detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £351,035. It was last sold for £245,000 in March 2016, which was around 23% below the average March 2016 detached price in the West Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

12 POUND PARK Sold Prices

Land registry data shows two sales for 12 POUND PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two 12 POUND PARK 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
2016 24 MAR	£245,000	£320,083	23% below HPI
1998 6 NOV	£98,500	£108,455	9% below HPI

12 POUND PARK 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 two 12 POUND PARK sales from November 1998 and March 2016 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 POUND PARK be worth now?

12 POUND PARK might now be worth an estimated £351,035.

This is based on house price inflation of 43.3%, between March 2016 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 43.3% inflationary increase is applied to the most recent sale price for 12 POUND PARK of £245,000 on 24th March 2016. For the value to have increased from £245,000 to £351,035 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 12 POUND PARK has moved in line with the HPI for detached houses in the West Devon local authority area.
• The March 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 POUND PARK has not materially changed since March 2016.

How Large is 12 POUND PARK?

12 POUND PARK is 100m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 12 POUND PARK lies on this distribution: 42% of detached houses houses are smaller than 12 POUND PARK, and 57% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

12 POUND PARK: Plot and Title Map

12 POUND PARK sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 12 POUND PARK, 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 POUND PARK). 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 POUND PARK?

12 POUND PARK is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 12 on POUND PARK.