7, THE MEADOWS, NORTHLEW, OKEHAMPTON, EX20 3PY - £196,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 THE MEADOWS is a small detached house of 75m², built sometime from 2007 onwards. It was last sold for £196,000 in July 2012, which was around 31% below the average July 2012 detached price in the West Devon local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

7 THE MEADOWS Sold Prices

Land registry data shows two sales for 7 THE MEADOWS 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 THE MEADOWS 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
2012 3 JUL	£196,000	£285,823	31% below HPI
2007 11 JUN	£220,000	£307,402	28% below HPI

7 THE MEADOWS 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 THE MEADOWS sales from June 2007 and July 2012 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 June 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 THE MEADOWS?

7 THE MEADOWS is 75m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where 7 THE MEADOWS lies on this distribution: 23% of detached houses are smaller than 7 THE MEADOWS, and 77% of houses are larger. Note that EPC data is not available for all properties in Northlew.

7 THE MEADOWS: Plot and Title Map

7 THE MEADOWS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 7 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

7 THE MEADOWS is located in NORTHLEW, in the EX20 postcode district. The below map shows the position of No. 7 on THE MEADOWS.