5, CHARIOT WAY, OKEHAMPTON, EX20 1GT - £455,000

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

5 CHARIOT WAY is a large detached house of 131m², which could now be worth an estimated £445,103. It was last sold for £455,000 in January 2025, which was around 3% below the average January 2025 detached price in the West Devon local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was A.

5 CHARIOT WAY Sold Prices

Land registry data shows two sales for 5 CHARIOT WAY 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. Both of the two 5 CHARIOT WAY 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
2025 14 JAN	£455,000	£468,811	3% below HPI
2021 19 MAR	£366,995	£385,761	5% below HPI

5 CHARIOT WAY 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 5 CHARIOT WAY sales from March 2021 and January 2025 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 March 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2025 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 5 CHARIOT WAY be worth now?

5 CHARIOT WAY might now be worth an estimated £445,103.

This is based on house price deflation of 2.2%, between January 2025 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 2.2% deflationary decrease is applied to the most recent sale price for 5 CHARIOT WAY of £455,000 on 14th January 2025. For the value to have decreased from £455,000 to £445,103 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 5 CHARIOT WAY has moved in line with the HPI for detached houses in the West Devon local authority area.
• The January 2025 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHARIOT WAY has not materially changed since January 2025.

How Large is 5 CHARIOT WAY?

5 CHARIOT WAY is 131m² according to the EPC inspection conducted in January 2021. This puts it in the largest 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 5 CHARIOT WAY lies on this distribution: 78% of detached houses houses are smaller than 5 CHARIOT WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

5 CHARIOT WAY: Plot and Title Map

5 CHARIOT WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 5 CHARIOT WAY, 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 CHARIOT WAY). 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 CHARIOT WAY?

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