3, NEWCOMBE CLOSE, OKEHAMPTON, EX20 1UG - £276,250

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 NEWCOMBE CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £276,250 in May 2017, which was around 16% below the average May 2017 detached price in the West Devon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

3 NEWCOMBE CLOSE Sold Prices

Land registry data shows two sales for 3 NEWCOMBE CLOSE 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 NEWCOMBE 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
2017 16 MAY	£276,250	£327,859	16% below HPI
1999 15 DEC	£104,950	£117,254	10% below HPI

3 NEWCOMBE 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 two 3 NEWCOMBE CLOSE sales from December 1999 and May 2017 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 December 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 NEWCOMBE CLOSE?

3 NEWCOMBE CLOSE is 81m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where 3 NEWCOMBE CLOSE lies on this distribution: 16% of detached houses are smaller than 3 NEWCOMBE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

3 NEWCOMBE CLOSE: Plot and Title Map

3 NEWCOMBE CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 NEWCOMBE 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 3 NEWCOMBE 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 3 NEWCOMBE CLOSE?

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