6, LABURNUM WAY, OKEHAMPTON, EX20 1WQ - £285,000

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

6 LABURNUM WAY is a small semi-detached house of 90m², built sometime between 1996 and 2002. It was last sold for £285,000 in May 2023, which was around 35% below the average May 2023 detached price in the West Devon local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

6 LABURNUM WAY Sold Prices

Land registry data shows four sales for 6 LABURNUM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the four 6 LABURNUM 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
2023 9 MAY	£285,000	£436,642	35% below HPI
2013 28 OCT	£172,500	£295,949	42% below HPI
2012 26 SEP	£170,000	£283,726	40% below HPI
2003 22 AUG	£141,995	£226,173	37% below HPI

6 LABURNUM 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 four 6 LABURNUM WAY sales between August 2003 and May 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 October 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 LABURNUM WAY?

6 LABURNUM WAY is 90m² according to the EPC inspection conducted in January 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 6 LABURNUM WAY lies on this distribution: 28% of detached houses are smaller than 6 LABURNUM WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

6 LABURNUM WAY: Plot and Title Map

6 LABURNUM WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 6 LABURNUM 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 6 LABURNUM 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 6 LABURNUM WAY?

6 LABURNUM WAY is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 6 on LABURNUM WAY.