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

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

PEACEHAVEN is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £452,462. It was last sold for £460,000 in September 2022, which was around 2% below 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. two of the four PEACEHAVEN sales were for below the average price, and four 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
2022 6 SEP	£460,000	£467,683	2% below HPI
2010 1 MAR	£297,950	£279,859	6% above HPI
2008 20 AUG	£250,000	£301,275	17% below HPI
2005 9 DEC	£325,000	£283,908	14% 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might PEACEHAVEN be worth now?

PEACEHAVEN might now be worth an estimated £452,462.

This is based on house price deflation of 1.6%, between September 2022 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 1.6% deflationary decrease is applied to the most recent sale price for PEACEHAVEN of £460,000 on 6th September 2022. For the value to have decreased from £460,000 to £452,462 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of PEACEHAVEN has moved in line with the HPI for detached houses in the West Devon local authority area.
• The September 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of PEACEHAVEN has not materially changed since September 2022.

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 houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Okehampton, and where PEACEHAVEN lies on this distribution: 39% of detached houses 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.