PEACEHAVEN, HATHERLEIGH ROAD, OKEHAMPTON, EX20 1JH - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PEACEHAVEN is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £460,000 in September 2022, which was about the average September 2022 detached price in the West Devon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

PEACEHAVEN Sold Prices

Land registry data shows four sales for PEACEHAVEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. The four PEACEHAVEN sales were a mix of roughly equal to the average price, above the average price, and 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 6 SEP	£460,000	£461,794	Close to HPI
2010 1 MAR	£297,950	£276,335	8% above HPI
2008 20 AUG	£250,000	£297,481	16% below HPI
2005 9 DEC	£325,000	£280,333	16% above HPI

PEACEHAVEN 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 four PEACEHAVEN sales between December 2005 and September 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 March 2010 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is PEACEHAVEN?

PEACEHAVEN is 98m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where PEACEHAVEN lies on this distribution: 40% of detached houses are smaller than PEACEHAVEN, and 60% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

PEACEHAVEN: Plot and Title Map

PEACEHAVEN sits on a plot of roughly 0.262 of an acre, or 1,059m². The below map shows the location of PEACEHAVEN, 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 PEACEHAVEN). 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 PEACEHAVEN?

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