3, FERN MEADOW, OKEHAMPTON, EX20 1PB - £330,000

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.

3 FERN MEADOW is a small detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £344,874. It was last sold for £330,000 in August 2023, which was around 25% below the average August 2023 detached price in the West Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

3 FERN MEADOW Sold Prices

Land registry data shows two sales for 3 FERN 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 FERN 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
2023 22 AUG	£330,000	£438,834	25% below HPI
2013 29 JAN	£210,000	£284,525	26% below HPI

3 FERN 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 FERN MEADOW sales from January 2013 and August 2023 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 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 FERN MEADOW be worth now?

3 FERN MEADOW might now be worth an estimated £344,874.

This is based on house price inflation of 4.5%, between August 2023 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 4.5% inflationary increase is applied to the most recent sale price for 3 FERN MEADOW of £330,000 on 22nd August 2023. For the value to have increased from £330,000 to £344,874 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FERN MEADOW has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FERN MEADOW has not materially changed since August 2023.

How Large is 3 FERN MEADOW?

3 FERN MEADOW is 85m² according to the EPC inspection conducted in September 2022. 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 3 FERN MEADOW lies on this distribution: 21% of detached houses houses are smaller than 3 FERN MEADOW, and 77% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

3 FERN MEADOW: Plot and Title Map

3 FERN MEADOW sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 3 FERN 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 FERN 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 FERN MEADOW?

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