12, THE MEADOWS, NORTHLEW, OKEHAMPTON, EX20 3PY - £175,000

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 THE MEADOWS is a small detached house of 75m², built sometime from 2007 onwards. It was last sold for £175,000 in August 2012, which was around 38% below the average August 2012 detached price in the West Devon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was A.

12 THE MEADOWS Sold Prices

Land registry data shows two sales for 12 THE MEADOWS 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 THE MEADOWS 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
2012 22 AUG	£175,000	£282,034	38% below HPI
2007 6 JUL	£225,000	£318,492	29% below HPI

12 THE MEADOWS 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 THE MEADOWS sales from July 2007 and August 2012 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 July 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2012 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 12 THE MEADOWS?

12 THE MEADOWS is 75m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where 12 THE MEADOWS lies on this distribution: 20% of detached houses are smaller than 12 THE MEADOWS, and 80% of houses are larger. Note that EPC data is not available for all properties in Northlew.

12 THE MEADOWS: Plot and Title Map

12 THE MEADOWS sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 12 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

12 THE MEADOWS is located in NORTHLEW, in the EX20 postcode district. The below map shows the position of No. 12 on THE MEADOWS.