16, OTTER CLOSE, OKEHAMPTON, EX20 1TT - £111,500

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.

16 OTTER CLOSE is a very small semi-detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £253,975. It was last sold for £111,500 in March 2003, which was around 17% below the average March 2003 semi-detached price in the West Devon local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

16 OTTER CLOSE Sold Prices

Land registry data shows two sales for 16 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Devon local authority area for the corresponding sale date. Both of the two 16 OTTER 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
2003 5 MAR	£111,500	£135,123	17% below HPI
2000 29 MAR	£67,500	£76,286	12% below HPI

16 OTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Devon local authority area over time, sourced from the HPI. The two 16 OTTER CLOSE sales from March 2000 and March 2003 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 March 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2003 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 OTTER CLOSE be worth now?

16 OTTER CLOSE might now be worth an estimated £253,975.

This is based on house price inflation of 127.8%, between March 2003 and February 2025, for semi-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 127.8% inflationary increase is applied to the most recent sale price for 16 OTTER CLOSE of £111,500 on 5th March 2003. For the value to have increased from £111,500 to £253,975 over the 22 years and one month to February 2025, the following assumptions must hold true:

• The value of 16 OTTER CLOSE has moved in line with the HPI for semi-detached houses in the West Devon local authority area.
• The March 2003 sale price of £111,500 represented a fair market value for the property.
• The size, condition, and specification of 16 OTTER CLOSE has not materially changed since March 2003.

How Large is 16 OTTER CLOSE?

16 OTTER CLOSE is 71m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of semi-detached houses houses in Okehampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Okehampton, and where 16 OTTER CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 16 OTTER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

16 OTTER CLOSE: Plot and Title Map

16 OTTER CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 16 OTTER 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 OTTER 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 OTTER CLOSE?

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