2, POUND MEADOW, HATHERLEIGH, OKEHAMPTON, EX20 3JJ - £160,000

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 POUND MEADOW is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £160,000 in August 2014, which was around 47% below the average August 2014 detached price in the West Devon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

2 POUND MEADOW Sold Prices

Land registry data shows three sales for 2 POUND MEADOW 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 POUND MEADOW 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
2014 15 AUG	£160,000	£302,031	47% below HPI
2003 18 JUL	£138,000	£227,138	39% below HPI
1997 9 JUN	£63,000	£92,560	32% below HPI

2 POUND MEADOW 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 POUND MEADOW sales between June 1997 and August 2014 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 July 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 POUND MEADOW?

2 POUND MEADOW is 56m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Hatherleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hatherleigh, and where 2 POUND MEADOW lies on this distribution: 4% of detached houses are smaller than 2 POUND MEADOW, and 96% of houses are larger. Note that EPC data is not available for all properties in Hatherleigh.

2 POUND MEADOW: Plot and Title Map

2 POUND MEADOW sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 POUND MEADOW, 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 POUND MEADOW). 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 POUND MEADOW?

2 POUND MEADOW is located in HATHERLEIGH, in the EX20 postcode district. The below map shows the position of No. 2 on POUND MEADOW.