CATKINS, MAGNOLIA WAY, OKEHAMPTON, EX20 1GG - £610,000

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.

CATKINS is a very large extended detached house of 187m², built sometime between 2007 and 2011, which could now be worth an estimated £612,566. It was last sold for £610,000 in August 2022, which was around 34% above the average August 2022 detached price in the West Devon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

CATKINS Sold Prices

Land registry data shows five sales for CATKINS 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. Most of the five CATKINS 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
2022 18 AUG	£610,000	£456,693	34% above HPI
2019 3 JUL	£200,000	£366,670	45% below HPI
2018 28 SEP	£200,000	£363,064	45% below HPI
2005 24 JAN	£250,000	£275,706	9% below HPI
1996 27 JUN	£89,950	£85,566	5% above HPI

CATKINS 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 CATKINS sales between June 1996 and August 2022 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 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might CATKINS be worth now?

CATKINS might now be worth an estimated £612,566.

This is based on house price inflation of 0.4%, between August 2022 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 0.4% inflationary increase is applied to the most recent sale price for CATKINS of £610,000 on 18th August 2022. For the value to have increased from £610,000 to £612,566 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of CATKINS has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2022 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of CATKINS has not materially changed since August 2022.

How Large is CATKINS?

CATKINS is 187m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% 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 CATKINS lies on this distribution: 96% of detached houses houses are smaller than CATKINS, and 4% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

CATKINS: Plot and Title Map

CATKINS sits on a plot of roughly 0.192 of an acre, or 778m². The below map shows the location of CATKINS, 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 CATKINS). 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 CATKINS?

CATKINS is located on MAGNOLIA WAY in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of CATKINS on MAGNOLIA WAY.