HOPEDENE, STICKLEPATH, OKEHAMPTON, EX20 2NR - £472,500

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

HOPEDENE is a midsized extended detached house of 144m², built sometime between 1900 and 1929, which could now be worth an estimated £636,023. It was last sold for £472,500 in July 2018, which was around 38% above the average July 2018 detached price in the West Devon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was F, and the potential energy rating was D.

HOPEDENE Sold Prices

Land registry data shows two sales for HOPEDENE 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 HOPEDENE 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
2018 9 JUL	£472,500	£341,747	38% above HPI
2017 26 MAY	£216,000	£332,040	35% below HPI

HOPEDENE 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 HOPEDENE sales from May 2017 and July 2018 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might HOPEDENE be worth now?

HOPEDENE might now be worth an estimated £636,023.

This is based on house price inflation of 34.6%, between July 2018 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 34.6% inflationary increase is applied to the most recent sale price for HOPEDENE of £472,500 on 9th July 2018. For the value to have increased from £472,500 to £636,023 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of HOPEDENE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The July 2018 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of HOPEDENE has not materially changed since July 2018.

How Large is HOPEDENE?

HOPEDENE is 144m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Sticklepath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sticklepath, and where HOPEDENE lies on this distribution: 59% of detached houses houses are smaller than HOPEDENE, and 41% of houses are larger. Note that EPC data is not available for all properties in Sticklepath.

HOPEDENE: Plot and Title Map

HOPEDENE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of HOPEDENE, 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 HOPEDENE). 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 HOPEDENE?

HOPEDENE is located in STICKLEPATH, in the EX20 postcode district. The below map shows the position of HOPEDENE in STICKLEPATH.