18, FERN CLOSE, OKEHAMPTON, EX20 1PD - £259,950

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

18 FERN CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £360,730. It was last sold for £259,950 in November 2015, which was around 22% below the average November 2015 detached price in the West Devon local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

18 FERN CLOSE Sold Prices

Land registry data shows four sales for 18 FERN 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 West Devon local authority area for the corresponding sale date. All of the four 18 FERN 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
2015 13 NOV	£259,950	£331,500	22% below HPI
2010 7 OCT	£220,000	£300,728	27% below HPI
2007 7 SEP	£249,000	£324,540	23% below HPI
1998 20 MAR	£95,000	£97,185	2% below HPI

18 FERN CLOSE 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 18 FERN CLOSE sales between March 1998 and November 2015 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 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 FERN CLOSE be worth now?

18 FERN CLOSE might now be worth an estimated £360,730.

This is based on house price inflation of 38.8%, between November 2015 and December 2024, 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 38.8% inflationary increase is applied to the most recent sale price for 18 FERN CLOSE of £259,950 on 13th November 2015. For the value to have increased from £259,950 to £360,730 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 FERN CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2015 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 18 FERN CLOSE has not materially changed since November 2015.

How Large is 18 FERN CLOSE?

18 FERN CLOSE is 79m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% 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 18 FERN CLOSE lies on this distribution: 13% of detached houses houses are smaller than 18 FERN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

18 FERN CLOSE: Plot and Title Map

18 FERN CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 18 FERN 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 18 FERN 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 18 FERN CLOSE?

18 FERN CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 18 on FERN CLOSE.