8, STATION ROAD, OKEHAMPTON, EX20 1DZ - £275,000

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 STATION ROAD is a very large extended detached house of 289m², built sometime between 1900 and 1929. It was last sold for £275,000 in December 2015, which was around 15% below the average December 2015 detached price in the West Devon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

8 STATION ROAD Sold Prices

Land registry data shows two sales for 8 STATION ROAD 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. One of the two 8 STATION ROAD sales was for below the average price, whilst the other was for above 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
2015 18 DEC	£275,000	£323,910	15% below HPI
2003 12 DEC	£272,500	£226,364	20% above HPI

8 STATION ROAD 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 8 STATION ROAD sales from December 2003 and December 2015 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 December 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 STATION ROAD?

8 STATION ROAD is 289m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% 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 STATION ROAD lies on this distribution: 99% of detached houses are smaller than 8 STATION ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

8 STATION ROAD: Plot and Title Map

8 STATION ROAD sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 8 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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