4, NEWCOMBE CLOSE, OKEHAMPTON, EX20 1UG - £285,000

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

4 NEWCOMBE CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £358,562. It was last sold for £285,000 in November 2018, which was around 22% below the average November 2018 detached price in the West Devon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

4 NEWCOMBE CLOSE Sold Prices

Land registry data shows three sales for 4 NEWCOMBE CLOSE 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 4 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
2018 16 NOV	£285,000	£364,525	22% below HPI
2004 24 NOV	£242,000	£275,137	12% below HPI
1999 17 SEP	£104,950	£117,401	11% below HPI

4 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 three 4 NEWCOMBE CLOSE sales between September 1999 and November 2018 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 November 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 NEWCOMBE CLOSE be worth now?

4 NEWCOMBE CLOSE might now be worth an estimated £358,562.

This is based on house price inflation of 25.8%, between November 2018 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 25.8% inflationary increase is applied to the most recent sale price for 4 NEWCOMBE CLOSE of £285,000 on 16th November 2018. For the value to have increased from £285,000 to £358,562 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 NEWCOMBE CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NEWCOMBE CLOSE has not materially changed since November 2018.

How Large is 4 NEWCOMBE CLOSE?

4 NEWCOMBE CLOSE is 82m² according to the EPC inspection conducted in February 2018. 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 4 NEWCOMBE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 4 NEWCOMBE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

4 NEWCOMBE CLOSE: Plot and Title Map

4 NEWCOMBE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 4 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 4 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 4 NEWCOMBE CLOSE?

4 NEWCOMBE CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 4 on NEWCOMBE CLOSE.