2, OTTER CLOSE, OKEHAMPTON, EX20 1TT - £250,000

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 OTTER CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2023, which was around 43% below the average March 2023 detached price in the West Devon local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

2 OTTER CLOSE Sold Prices

Land registry data shows three sales for 2 OTTER 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 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
2023 24 MAR	£250,000	£440,696	43% below HPI
2018 21 NOV	£185,000	£359,935	49% below HPI
1999 26 NOV	£80,995	£118,146	31% below HPI

2 OTTER 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 OTTER CLOSE sales between November 1999 and March 2023 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 November 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 OTTER CLOSE?

2 OTTER CLOSE is 79m² according to the EPC inspection conducted in September 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 OTTER CLOSE lies on this distribution: 13% of detached houses are smaller than 2 OTTER CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

2 OTTER CLOSE: Plot and Title Map

2 OTTER CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 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 2 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 2 OTTER CLOSE?

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