4, PEARSE CLOSE, HATHERLEIGH, OKEHAMPTON, EX20 3QW - £280,000

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

4 PEARSE CLOSE is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £280,000 in October 2023, which was around 35% below the average October 2023 detached price in the West Devon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

4 PEARSE CLOSE Sold Prices

Land registry data shows three sales for 4 PEARSE 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 PEARSE 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
2023 30 OCT	£280,000	£433,970	35% below HPI
2001 16 JUL	£105,000	£152,858	31% below HPI
1999 14 MAY	£72,500	£107,562	33% below HPI

4 PEARSE 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 PEARSE CLOSE sales between May 1999 and October 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 July 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 PEARSE CLOSE?

4 PEARSE CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Hatherleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Hatherleigh, and where 4 PEARSE CLOSE lies on this distribution: 62% of detached houses are smaller than 4 PEARSE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hatherleigh.

4 PEARSE CLOSE: Plot and Title Map

4 PEARSE CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 4 PEARSE 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 PEARSE 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 PEARSE CLOSE?

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