40, BALMORAL CRESCENT, OKEHAMPTON, EX20 1GN - £274,000

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.

40 BALMORAL CRESCENT is a very large detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £412,565. It was last sold for £274,000 in March 2012, which was around 10% below the average March 2012 detached price in the West Devon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

40 BALMORAL CRESCENT Sold Prices

Land registry data shows two sales for 40 BALMORAL CRESCENT 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. One of the two 40 BALMORAL CRESCENT sales was for below the average price, whilst the other was for above 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
2012 9 MAR	£274,000	£304,583	10% below HPI
2002 17 MAY	£189,950	£177,094	7% above HPI

40 BALMORAL CRESCENT 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 40 BALMORAL CRESCENT sales from May 2002 and March 2012 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 40 BALMORAL CRESCENT be worth now?

40 BALMORAL CRESCENT might now be worth an estimated £412,565.

This is based on house price inflation of 50.6%, between March 2012 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 50.6% inflationary increase is applied to the most recent sale price for 40 BALMORAL CRESCENT of £274,000 on 9th March 2012. For the value to have increased from £274,000 to £412,565 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 40 BALMORAL CRESCENT has moved in line with the HPI for detached houses in the West Devon local authority area.
• The March 2012 sale price of £274,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BALMORAL CRESCENT has not materially changed since March 2012.

How Large is 40 BALMORAL CRESCENT?

40 BALMORAL CRESCENT is 153m² according to the EPC inspection conducted in January 2010. This puts it in the largest 10% 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 40 BALMORAL CRESCENT lies on this distribution: 91% of detached houses houses are smaller than 40 BALMORAL CRESCENT, and 9% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

40 BALMORAL CRESCENT: Plot and Title Map

40 BALMORAL CRESCENT sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 40 BALMORAL CRESCENT, 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 40 BALMORAL CRESCENT). 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 40 BALMORAL CRESCENT?

40 BALMORAL CRESCENT is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 40 on BALMORAL CRESCENT.