BROOMFIELD, NORTHLEW, OKEHAMPTON, EX20 3NR - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BROOMFIELD is a very large extended detached house of 161m², built sometime before 1900. It was last sold for £315,000 in May 2021, which was around 16% below the average May 2021 detached price in the West Devon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was G, and the potential energy rating was C.

BROOMFIELD Sold Prices

Land registry data shows five sales for BROOMFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. The five BROOMFIELD sales were a mix of below the average price, roughly equal to the average price, and 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
2021 10 MAY	£315,000	£376,326	16% below HPI
2013 7 AUG	£293,500	£287,833	2% above HPI
2002 25 NOV	£210,000	£208,984	Close to HPI
1999 31 MAR	£78,000	£104,471	25% below HPI
1996 18 SEP	£25,410	£87,529	71% below HPI

BROOMFIELD 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 five BROOMFIELD sales between September 1996 and May 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 August 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is BROOMFIELD?

BROOMFIELD is 161m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where BROOMFIELD lies on this distribution: 94% of detached houses are smaller than BROOMFIELD, and 6% of houses are larger. Note that EPC data is not available for all properties in Northlew.

BROOMFIELD: Plot and Title Map

BROOMFIELD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of BROOMFIELD, 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 BROOMFIELD). 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 BROOMFIELD?

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