8, KESTREL CLOSE, OKEHAMPTON, EX20 1UT - £265,000

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.

8 KESTREL CLOSE is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £338,329. It was last sold for £265,000 in November 2019, which was around 26% below the average November 2019 detached price in the West Devon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

8 KESTREL CLOSE Sold Prices

Land registry data shows four sales for 8 KESTREL CLOSE 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 8 KESTREL 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
2019 22 NOV	£265,000	£359,215	26% below HPI
2010 27 AUG	£221,000	£286,418	23% below HPI
2004 28 MAY	£189,950	£260,584	27% below HPI
2002 20 AUG	£125,950	£187,349	33% below HPI

8 KESTREL 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 four 8 KESTREL CLOSE sales between August 2002 and November 2019 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 KESTREL CLOSE be worth now?

8 KESTREL CLOSE might now be worth an estimated £338,329.

This is based on house price inflation of 27.7%, between November 2019 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 27.7% inflationary increase is applied to the most recent sale price for 8 KESTREL CLOSE of £265,000 on 22nd November 2019. For the value to have increased from £265,000 to £338,329 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 KESTREL CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KESTREL CLOSE has not materially changed since November 2019.

How Large is 8 KESTREL CLOSE?

8 KESTREL CLOSE is 92m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% 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 8 KESTREL CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 KESTREL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

8 KESTREL CLOSE: Plot and Title Map

8 KESTREL CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 8 KESTREL 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 8 KESTREL 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 8 KESTREL CLOSE?

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