2, MOORCROFT CLOSE, OKEHAMPTON, EX20 1XB - £235,000

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.

2 MOORCROFT CLOSE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £377,320. It was last sold for £235,000 in August 2012, which was around 18% below the average August 2012 detached price in the West Devon local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 MOORCROFT CLOSE Sold Prices

Land registry data shows three sales for 2 MOORCROFT 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 MOORCROFT 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
2012 31 AUG	£235,000	£285,631	18% below HPI
2004 18 AUG	£235,000	£276,887	15% below HPI
2001 11 JUN	£135,950	£150,036	9% below HPI

2 MOORCROFT 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 MOORCROFT CLOSE sales between June 2001 and August 2012 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 August 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 MOORCROFT CLOSE be worth now?

2 MOORCROFT CLOSE might now be worth an estimated £377,320.

This is based on house price inflation of 60.6%, between August 2012 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 60.6% inflationary increase is applied to the most recent sale price for 2 MOORCROFT CLOSE of £235,000 on 31st August 2012. For the value to have increased from £235,000 to £377,320 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MOORCROFT CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MOORCROFT CLOSE has not materially changed since August 2012.

How Large is 2 MOORCROFT CLOSE?

2 MOORCROFT CLOSE is 93m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 2 MOORCROFT CLOSE lies on this distribution: 32% of detached houses houses are smaller than 2 MOORCROFT CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

2 MOORCROFT CLOSE: Plot and Title Map

2 MOORCROFT CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 MOORCROFT 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 MOORCROFT 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 MOORCROFT CLOSE?

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