15, FAR VIEW ROAD, OKEHAMPTON, EX20 1AZ - £350,000

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.

15 FAR VIEW ROAD is a small detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £370,240. It was last sold for £350,000 in July 2023, which was around 19% below the average July 2023 detached price in the West Devon local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

15 FAR VIEW ROAD Sold Prices

Land registry data shows four sales for 15 FAR VIEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the four 15 FAR VIEW ROAD 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
2023 27 JUL	£350,000	£433,543	19% below HPI
2016 21 SEP	£230,000	£337,612	32% below HPI
2012 2 FEB	£218,000	£294,633	26% below HPI
2008 30 JAN	£185,000	£304,237	39% below HPI

15 FAR VIEW ROAD 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 four 15 FAR VIEW ROAD sales between January 2008 and July 2023 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 September 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 FAR VIEW ROAD be worth now?

15 FAR VIEW ROAD might now be worth an estimated £370,240.

This is based on house price inflation of 5.8%, between July 2023 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 5.8% inflationary increase is applied to the most recent sale price for 15 FAR VIEW ROAD of £350,000 on 27th July 2023. For the value to have increased from £350,000 to £370,240 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 15 FAR VIEW ROAD has moved in line with the HPI for detached houses in the West Devon local authority area.
• The July 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FAR VIEW ROAD has not materially changed since July 2023.

How Large is 15 FAR VIEW ROAD?

15 FAR VIEW ROAD is 89m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% 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 15 FAR VIEW ROAD lies on this distribution: 26% of detached houses houses are smaller than 15 FAR VIEW ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

15 FAR VIEW ROAD: Plot and Title Map

15 FAR VIEW ROAD sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 15 FAR VIEW ROAD, 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 15 FAR VIEW ROAD). 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 15 FAR VIEW ROAD?

15 FAR VIEW ROAD is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 15 on FAR VIEW ROAD.