4, POUND MEADOW, HATHERLEIGH, OKEHAMPTON, EX20 3JJ - £195,000

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.

4 POUND MEADOW is a very small detached house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £245,617. It was last sold for £195,000 in August 2019, which was around 46% below the average August 2019 detached price in the West Devon local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

4 POUND MEADOW Sold Prices

Land registry data shows three sales for 4 POUND MEADOW 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 POUND 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
2019 30 AUG	£195,000	£364,102	46% below HPI
2013 2 MAY	£160,000	£281,902	43% below HPI
1995 17 MAR	£68,000	£83,311	18% below HPI

4 POUND 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 three 4 POUND MEADOW sales between March 1995 and August 2019 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 May 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 4 POUND MEADOW be worth now?

4 POUND MEADOW might now be worth an estimated £245,617.

This is based on house price inflation of 26%, between August 2019 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 26% inflationary increase is applied to the most recent sale price for 4 POUND MEADOW of £195,000 on 30th August 2019. For the value to have increased from £195,000 to £245,617 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 4 POUND MEADOW has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 POUND MEADOW has not materially changed since August 2019.

How Large is 4 POUND MEADOW?

4 POUND MEADOW is 60m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Hatherleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatherleigh, and where 4 POUND MEADOW lies on this distribution: 5% of detached houses houses are smaller than 4 POUND MEADOW, and 95% of houses are larger. Note that EPC data is not available for all properties in Hatherleigh.

4 POUND MEADOW: Plot and Title Map

4 POUND MEADOW sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 POUND 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 4 POUND 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 4 POUND MEADOW?

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