3, BEANS MEADOW, OKEHAMPTON, EX20 1JQ - £342,500

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.

3 BEANS MEADOW is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £373,885. It was last sold for £342,500 in May 2024, which was around 18% below the average May 2024 detached price in the West Devon local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

3 BEANS MEADOW Sold Prices

Land registry data shows two sales for 3 BEANS MEADOW 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. Both of the two 3 BEANS 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
2024 24 MAY	£342,500	£420,117	18% below HPI
2005 14 JAN	£228,500	£275,706	17% below HPI

3 BEANS 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 two 3 BEANS MEADOW sales from January 2005 and May 2024 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 January 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 BEANS MEADOW be worth now?

3 BEANS MEADOW might now be worth an estimated £373,885.

This is based on house price inflation of 9.2%, between May 2024 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 9.2% inflationary increase is applied to the most recent sale price for 3 BEANS MEADOW of £342,500 on 24th May 2024. For the value to have increased from £342,500 to £373,885 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 3 BEANS MEADOW has moved in line with the HPI for detached houses in the West Devon local authority area.
• The May 2024 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BEANS MEADOW has not materially changed since May 2024.

How Large is 3 BEANS MEADOW?

3 BEANS MEADOW is 80m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 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 3 BEANS MEADOW lies on this distribution: 14% of detached houses houses are smaller than 3 BEANS MEADOW, and 85% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

3 BEANS MEADOW: Plot and Title Map

3 BEANS MEADOW sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 3 BEANS 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 3 BEANS 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 3 BEANS MEADOW?

3 BEANS MEADOW is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 3 on BEANS MEADOW.