54, SUMMERING CLOSE, OKEHAMPTON, EX20 1FY - £297,500

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.

54 SUMMERING CLOSE is a large detached house of 131m², which could now be worth an estimated £384,370. It was last sold for £297,500 in July 2020, which was around 16% below the average July 2020 detached price in the West Devon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

54 SUMMERING CLOSE Sold Prices

Land registry data shows three sales for 54 SUMMERING CLOSE 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 54 SUMMERING CLOSE 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
2020 3 JUL	£297,500	£354,964	16% below HPI
2019 3 JAN	£295,000	£366,822	20% below HPI
2016 31 MAY	£279,950	£321,342	13% below HPI

54 SUMMERING CLOSE 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 54 SUMMERING CLOSE sales between May 2016 and July 2020 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 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 54 SUMMERING CLOSE be worth now?

54 SUMMERING CLOSE might now be worth an estimated £384,370.

This is based on house price inflation of 29.2%, between July 2020 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 29.2% inflationary increase is applied to the most recent sale price for 54 SUMMERING CLOSE of £297,500 on 3rd July 2020. For the value to have increased from £297,500 to £384,370 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 54 SUMMERING CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The July 2020 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 54 SUMMERING CLOSE has not materially changed since July 2020.

How Large is 54 SUMMERING CLOSE?

54 SUMMERING CLOSE is 131m² according to the EPC inspection conducted in August 2015. 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 54 SUMMERING CLOSE lies on this distribution: 78% of detached houses houses are smaller than 54 SUMMERING CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

54 SUMMERING CLOSE: Plot and Title Map

54 SUMMERING CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 54 SUMMERING CLOSE, 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 54 SUMMERING CLOSE). 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 54 SUMMERING CLOSE?

54 SUMMERING CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 54 on SUMMERING CLOSE.