7, KELLANDS LANE, OKEHAMPTON, EX20 1FQ - £260,000

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

7 KELLANDS LANE is a midsized extended detached house of 113m², built sometime between 2007 and 2011. It was last sold for £260,000 in May 2017, which was around 21% below the average May 2017 detached price in the West Devon local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

7 KELLANDS LANE Sold Prices

Land registry data shows two sales for 7 KELLANDS LANE 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 7 KELLANDS LANE 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
2017 3 MAY	£260,000	£327,859	21% below HPI
2012 30 MAR	£230,000	£300,748	24% below HPI

7 KELLANDS LANE 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 7 KELLANDS LANE sales from March 2012 and May 2017 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 KELLANDS LANE?

7 KELLANDS LANE is 113m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where 7 KELLANDS LANE lies on this distribution: 55% of detached houses are smaller than 7 KELLANDS LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

7 KELLANDS LANE: Plot and Title Map

7 KELLANDS LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 KELLANDS LANE, 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 7 KELLANDS LANE). 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 7 KELLANDS LANE?

7 KELLANDS LANE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 7 on KELLANDS LANE.