2, FERN CLOSE, OKEHAMPTON, EX20 1PD - £296,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 FERN CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £296,000 in July 2018, which was around 12% below the average July 2018 detached price in the West Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 FERN CLOSE Sold Prices

Land registry data shows three sales for 2 FERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three 2 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
2018 31 JUL	£296,000	£337,444	12% below HPI
2013 18 OCT	£245,000	£295,949	17% below HPI
1998 5 JUN	£94,950	£101,579	7% below HPI

2 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 three 2 FERN CLOSE sales between June 1998 and July 2018 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 FERN CLOSE?

2 FERN CLOSE is 83m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where 2 FERN CLOSE lies on this distribution: 19% of detached houses are smaller than 2 FERN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

2 FERN CLOSE: Plot and Title Map

2 FERN CLOSE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 2 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 2 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 2 FERN CLOSE?

2 FERN CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 2 on FERN CLOSE.