5, PORTUGAL WAY, OKEHAMPTON, EX20 1DG - £198,500

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 PORTUGAL WAY is a very small semi-detached house of 64m², which could now be worth an estimated £257,283. It was last sold for £198,500 in November 2018, which was around 16% below the average November 2018 semi-detached price in the West Devon local authority area. The most recent EPC inspection was October 2009, where the current energy rating was B, and the potential energy rating was B.

5 PORTUGAL WAY Sold Prices

Land registry data shows two sales for 5 PORTUGAL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Devon local authority area for the corresponding sale date. Both of the two 5 PORTUGAL 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
2018 6 NOV	£198,500	£237,462	16% below HPI
2011 28 JAN	£157,500	£183,749	14% below HPI

5 PORTUGAL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Devon local authority area over time, sourced from the HPI. The two 5 PORTUGAL WAY sales from January 2011 and November 2018 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 January 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 PORTUGAL WAY be worth now?

5 PORTUGAL WAY might now be worth an estimated £257,283.

This is based on house price inflation of 29.6%, between November 2018 and February 2025, for semi-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 29.6% inflationary increase is applied to the most recent sale price for 5 PORTUGAL WAY of £198,500 on 6th November 2018. For the value to have increased from £198,500 to £257,283 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 PORTUGAL WAY has moved in line with the HPI for semi-detached houses in the West Devon local authority area.
• The November 2018 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PORTUGAL WAY has not materially changed since November 2018.

How Large is 5 PORTUGAL WAY?

5 PORTUGAL WAY is 64m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of semi-detached houses houses in Okehampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Okehampton, and where 5 PORTUGAL WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 5 PORTUGAL WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

5 PORTUGAL WAY: Plot and Title Map

5 PORTUGAL WAY sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 5 PORTUGAL 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 PORTUGAL 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 PORTUGAL WAY?

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