2, SUMMERING WALK, OKEHAMPTON, EX20 1US - £395,000

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 SUMMERING WALK is a large detached house of 131m², which could now be worth an estimated £396,661. It was last sold for £395,000 in August 2022, which was around 14% below the average August 2022 detached price in the West Devon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

2 SUMMERING WALK Sold Prices

Land registry data shows two sales for 2 SUMMERING WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. One of the two 2 SUMMERING WALK sales was for below the average price, whilst the other was for above 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
2022 19 AUG	£395,000	£456,693	14% below HPI
2015 25 SEP	£325,000	£321,629	1% above HPI

2 SUMMERING WALK 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 two 2 SUMMERING WALK sales from September 2015 and August 2022 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 September 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 SUMMERING WALK be worth now?

2 SUMMERING WALK might now be worth an estimated £396,661.

This is based on house price inflation of 0.4%, between August 2022 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 0.4% inflationary increase is applied to the most recent sale price for 2 SUMMERING WALK of £395,000 on 19th August 2022. For the value to have increased from £395,000 to £396,661 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 SUMMERING WALK has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SUMMERING WALK has not materially changed since August 2022.

How Large is 2 SUMMERING WALK?

2 SUMMERING WALK is 131m² according to the EPC inspection conducted in November 2015. This puts it in the largest 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 2 SUMMERING WALK lies on this distribution: 78% of detached houses houses are smaller than 2 SUMMERING WALK, and 19% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

2 SUMMERING WALK: Plot and Title Map

2 SUMMERING WALK sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 2 SUMMERING WALK, 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 SUMMERING WALK). 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 SUMMERING WALK?

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