8, ABBEY RISE, OKEHAMPTON, EX20 1PJ - £395,000

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

8 ABBEY RISE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £395,000 in December 2022, which was around 12% below the average December 2022 detached price in the West Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

8 ABBEY RISE Sold Prices

Land registry data shows three sales for 8 ABBEY RISE 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 8 ABBEY RISE 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
2022 16 DEC	£395,000	£448,933	12% below HPI
2011 31 AUG	£225,500	£282,716	20% below HPI
1998 24 JUL	£98,000	£103,789	6% below HPI

8 ABBEY RISE 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 8 ABBEY RISE sales between July 1998 and December 2022 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 August 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 ABBEY RISE?

8 ABBEY RISE is 84m² according to the EPC inspection conducted in September 2022. 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 8 ABBEY RISE lies on this distribution: 21% of detached houses are smaller than 8 ABBEY RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

8 ABBEY RISE: Plot and Title Map

8 ABBEY RISE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 8 ABBEY RISE, 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 8 ABBEY RISE). 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 8 ABBEY RISE?

8 ABBEY RISE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 8 on ABBEY RISE.