EDGEMOOR, RANELAGH ROAD, OKEHAMPTON, EX20 1JG - £560,000

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

EDGEMOOR is a very large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £754,676. It was last sold for £560,000 in July 2017, which was around 65% above the average July 2017 detached price in the West Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

EDGEMOOR Sold Prices

Land registry data shows two sales for EDGEMOOR 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 EDGEMOOR sales were 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
2017 28 JUL	£560,000	£340,310	65% above HPI
2005 14 OCT	£365,000	£291,657	25% above HPI

EDGEMOOR 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 EDGEMOOR sales from October 2005 and July 2017 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 October 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2017 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might EDGEMOOR be worth now?

EDGEMOOR might now be worth an estimated £754,676.

This is based on house price inflation of 34.8%, between July 2017 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 34.8% inflationary increase is applied to the most recent sale price for EDGEMOOR of £560,000 on 28th July 2017. For the value to have increased from £560,000 to £754,676 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of EDGEMOOR has moved in line with the HPI for detached houses in the West Devon local authority area.
• The July 2017 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of EDGEMOOR has not materially changed since July 2017.

How Large is EDGEMOOR?

EDGEMOOR is 152m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 EDGEMOOR lies on this distribution: 91% of detached houses houses are smaller than EDGEMOOR, and 9% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

EDGEMOOR: Plot and Title Map

EDGEMOOR sits on a plot of roughly 0.397 of an acre, or 1,607m². The below map shows the location of EDGEMOOR, 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 EDGEMOOR). 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 EDGEMOOR?

EDGEMOOR is located on RANELAGH ROAD in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of EDGEMOOR on RANELAGH ROAD.