23, THE HEATHERS, OKEHAMPTON, EX20 1TB - £97,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 THE HEATHERS is a small extended detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £145,932. It was last sold for £97,500 in May 2007, which was around 68% below the average May 2007 detached price in the West Devon local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

23 THE HEATHERS Sold Prices

Land registry data shows three sales for 23 THE HEATHERS 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 23 THE HEATHERS 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
2007 2 MAY	£97,500	£306,409	68% below HPI
1999 29 JUN	£80,000	£111,164	28% below HPI
1997 7 JUL	£78,000	£96,143	19% below HPI

23 THE HEATHERS 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 23 THE HEATHERS sales between July 1997 and May 2007 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 June 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2007 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

What might 23 THE HEATHERS be worth now?

23 THE HEATHERS might now be worth an estimated £145,932.

This is based on house price inflation of 49.7%, between May 2007 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 49.7% inflationary increase is applied to the most recent sale price for 23 THE HEATHERS of £97,500 on 2nd May 2007. For the value to have increased from £97,500 to £145,932 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 23 THE HEATHERS has moved in line with the HPI for detached houses in the West Devon local authority area.
• The May 2007 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 23 THE HEATHERS has not materially changed since May 2007.

How Large is 23 THE HEATHERS?

23 THE HEATHERS is 86m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% 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 23 THE HEATHERS lies on this distribution: 23% of detached houses houses are smaller than 23 THE HEATHERS, and 77% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

23 THE HEATHERS: Plot and Title Map

23 THE HEATHERS sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 23 THE HEATHERS, 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 23 THE HEATHERS). 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 23 THE HEATHERS?

23 THE HEATHERS is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 23 on THE HEATHERS.