8, TARKA CLOSE, OKEHAMPTON, EX20 1TY - £227,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 TARKA CLOSE is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £376,619. It was last sold for £227,000 in November 2009, which was around 18% below the average November 2009 detached price in the West Devon local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

8 TARKA CLOSE Sold Prices

Land registry data shows two sales for 8 TARKA CLOSE 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 8 TARKA 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
2009 20 NOV	£227,000	£277,268	18% below HPI
1999 2 JUL	£83,995	£112,594	25% below HPI

8 TARKA 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 two 8 TARKA CLOSE sales from July 1999 and November 2009 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 July 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2009 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 TARKA CLOSE be worth now?

8 TARKA CLOSE might now be worth an estimated £376,619.

This is based on house price inflation of 65.9%, between November 2009 and December 2024, 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 65.9% inflationary increase is applied to the most recent sale price for 8 TARKA CLOSE of £227,000 on 20th November 2009. For the value to have increased from £227,000 to £376,619 over the fourteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 TARKA CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2009 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TARKA CLOSE has not materially changed since November 2009.

How Large is 8 TARKA CLOSE?

8 TARKA CLOSE is 94m² according to the EPC inspection conducted in July 2009. 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 TARKA CLOSE lies on this distribution: 34% of detached houses houses are smaller than 8 TARKA CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

8 TARKA CLOSE: Plot and Title Map

8 TARKA CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 8 TARKA 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 TARKA 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 TARKA CLOSE?

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