15, SADDLERS WAY, OKEHAMPTON, EX20 1SZ - £237,000

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 SADDLERS WAY is a large extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £333,685. It was last sold for £237,000 in October 2007, which was around 27% below the average October 2007 detached price in the West Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

15 SADDLERS WAY Sold Prices

Land registry data shows four sales for 15 SADDLERS WAY 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. Most of the four 15 SADDLERS WAY 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
2007 3 OCT	£237,000	£325,731	27% below HPI
2004 15 OCT	£205,000	£279,130	27% below HPI
2001 11 OCT	£116,000	£159,391	27% below HPI
1995 26 MAY	£82,500	£80,192	3% above HPI

15 SADDLERS WAY 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 SADDLERS WAY sales between May 1995 and October 2007 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2007 sale, which was also at 27% below the HPI.

What might 15 SADDLERS WAY be worth now?

15 SADDLERS WAY might now be worth an estimated £333,685.

This is based on house price inflation of 40.8%, between October 2007 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 40.8% inflationary increase is applied to the most recent sale price for 15 SADDLERS WAY of £237,000 on 3rd October 2007. For the value to have increased from £237,000 to £333,685 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SADDLERS WAY has moved in line with the HPI for detached houses in the West Devon local authority area.
• The October 2007 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SADDLERS WAY has not materially changed since October 2007.

How Large is 15 SADDLERS WAY?

15 SADDLERS WAY is 122m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 SADDLERS WAY lies on this distribution: 70% of detached houses houses are smaller than 15 SADDLERS WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

15 SADDLERS WAY: Plot and Title Map

15 SADDLERS WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 15 SADDLERS WAY, 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 SADDLERS WAY). 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 SADDLERS WAY?

15 SADDLERS WAY is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 15 on SADDLERS WAY.