5, BEANS MEADOW, OKEHAMPTON, EX20 1JQ - £350,000

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

5 BEANS MEADOW is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £350,000 in September 2023, which was around 21% below the average September 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 B.

5 BEANS MEADOW Sold Prices

Land registry data shows three sales for 5 BEANS 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 5 BEANS 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
2023 15 SEP	£350,000	£441,880	21% below HPI
2001 12 FEB	£87,500	£134,176	35% below HPI
1996 23 AUG	£59,000	£85,676	31% below HPI

5 BEANS 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 5 BEANS MEADOW sales between August 1996 and September 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 February 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 BEANS MEADOW?

5 BEANS MEADOW is 91m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where 5 BEANS MEADOW lies on this distribution: 28% of detached houses are smaller than 5 BEANS MEADOW, and 70% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

5 BEANS MEADOW: Plot and Title Map

5 BEANS MEADOW sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 5 BEANS 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 5 BEANS 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 5 BEANS MEADOW?

5 BEANS MEADOW is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 5 on BEANS MEADOW.