16, CHAPEL CLOSE, PETROCKSTOW, OKEHAMPTON, EX20 3HR - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CHAPEL CLOSE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £320,635. It was last sold for £235,000 in January 2017, which was around 20% below the average January 2017 detached price in the Torridge local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

16 CHAPEL CLOSE Sold Prices

Land registry data shows four sales for 16 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Most of the four 16 CHAPEL 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
2017 27 JAN	£235,000	£292,739	20% below HPI
2010 21 APR	£245,000	£254,180	4% below HPI
2003 21 FEB	£165,000	£171,942	4% below HPI
2001 28 SEP	£151,500	£142,559	6% above HPI

16 CHAPEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The four 16 CHAPEL CLOSE sales between September 2001 and January 2017 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 April 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 16 CHAPEL CLOSE be worth now?

16 CHAPEL CLOSE might now be worth an estimated £320,635.

This is based on house price inflation of 36.4%, between January 2017 and December 2024, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.4% inflationary increase is applied to the most recent sale price for 16 CHAPEL CLOSE of £235,000 on 27th January 2017. For the value to have increased from £235,000 to £320,635 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 16 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The January 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHAPEL CLOSE has not materially changed since January 2017.

How Large is 16 CHAPEL CLOSE?

16 CHAPEL CLOSE is 91m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses houses in Petrockstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petrockstowe, and where 16 CHAPEL CLOSE lies on this distribution: 22% of detached houses houses are smaller than 16 CHAPEL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Petrockstowe.

16 CHAPEL CLOSE: Plot and Title Map

16 CHAPEL CLOSE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 16 CHAPEL 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 16 CHAPEL 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 16 CHAPEL CLOSE?

16 CHAPEL CLOSE is located in PETROCKSTOW, in the EX20 postcode district. The below map shows the position of No. 16 on CHAPEL CLOSE.