2, TARKA CLOSE, OKEHAMPTON, EX20 1TY - £227,500

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 TARKA CLOSE is a midsized detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £329,693. It was last sold for £227,500 in February 2016, which was around 28% below the average February 2016 detached price in the West Devon local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

2 TARKA CLOSE Sold Prices

Land registry data shows four sales for 2 TARKA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the four 2 TARKA 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
2016 2 FEB	£227,500	£316,460	28% below HPI
2012 5 OCT	£218,000	£291,411	25% below HPI
2004 23 JUL	£190,000	£266,571	29% below HPI
1999 30 JUN	£89,950	£111,164	19% below HPI

2 TARKA 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 four 2 TARKA CLOSE sales between June 1999 and February 2016 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 TARKA CLOSE be worth now?

2 TARKA CLOSE might now be worth an estimated £329,693.

This is based on house price inflation of 44.9%, between February 2016 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 44.9% inflationary increase is applied to the most recent sale price for 2 TARKA CLOSE of £227,500 on 2nd February 2016. For the value to have increased from £227,500 to £329,693 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 TARKA CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The February 2016 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 2 TARKA CLOSE has not materially changed since February 2016.

How Large is 2 TARKA CLOSE?

2 TARKA CLOSE is 100m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 50% 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 TARKA CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 TARKA CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

2 TARKA CLOSE: Plot and Title Map

2 TARKA CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 2 TARKA 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 TARKA 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 TARKA CLOSE?

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