ASHBANK HOUSE, NORTHLEW, OKEHAMPTON, EX20 3NR - £399,000

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.

ASHBANK HOUSE is a large detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £472,287. It was last sold for £399,000 in June 2021, which was around 3% above the average June 2021 detached price in the West Devon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

ASHBANK HOUSE Sold Prices

Land registry data shows two sales for ASHBANK HOUSE 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 ASHBANK HOUSE sales was for above the average price, whilst the other was 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
2021 28 JUN	£399,000	£387,449	3% above HPI
2018 15 MAY	£318,000	£343,817	8% below HPI

ASHBANK HOUSE 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 ASHBANK HOUSE sales from May 2018 and June 2021 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 May 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might ASHBANK HOUSE be worth now?

ASHBANK HOUSE might now be worth an estimated £472,287.

This is based on house price inflation of 18.4%, between June 2021 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 18.4% inflationary increase is applied to the most recent sale price for ASHBANK HOUSE of £399,000 on 28th June 2021. For the value to have increased from £399,000 to £472,287 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of ASHBANK HOUSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The June 2021 sale price of £399,000 represented a fair market value for the property.
• The size, condition, and specification of ASHBANK HOUSE has not materially changed since June 2021.

How Large is ASHBANK HOUSE?

ASHBANK HOUSE is 123m² according to the EPC inspection conducted in January 2011. This puts it in the largest 30% of detached houses houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northlew, and where ASHBANK HOUSE lies on this distribution: 75% of detached houses houses are smaller than ASHBANK HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Northlew.

ASHBANK HOUSE: Plot and Title Map

ASHBANK HOUSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of ASHBANK HOUSE, 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 ASHBANK HOUSE). 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 ASHBANK HOUSE?

ASHBANK HOUSE is located in NORTHLEW, in the EX20 postcode district. The below map shows the position of ASHBANK HOUSE in NORTHLEW.