PEARDS ACRE, SOUTH ZEAL, OKEHAMPTON, EX20 2JR - £673,000

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

PEARDS ACRE is a very large extended detached house of 305m², built sometime before 1900. It was last sold for £673,000 in January 2008, which was around 124% above the average January 2008 detached price in the West Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was F, and the potential energy rating was D.

PEARDS ACRE Sold Prices

Land registry data shows two sales for PEARDS ACRE 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 PEARDS ACRE 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
2008 10 JAN	£673,000	£300,407	124% above HPI
1998 6 MAR	£200,000	£95,961	108% above HPI

PEARDS ACRE 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 PEARDS ACRE sales from March 1998 and January 2008 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 1998 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the January 2008 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is PEARDS ACRE?

PEARDS ACRE is 305m², which includes three extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in South Zeal, based on EPC data. The below chart shows the distribution of detached houses by size in South Zeal, and where PEARDS ACRE lies on this distribution: 98% of detached houses are smaller than PEARDS ACRE, and 2% of houses are larger. Note that EPC data is not available for all properties in South Zeal.

PEARDS ACRE: Plot and Title Map

PEARDS ACRE sits on a plot of roughly 0.375 of an acre, or 1,518m². The below map shows the location of PEARDS ACRE, 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 PEARDS ACRE). 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 PEARDS ACRE?

PEARDS ACRE is located in SOUTH ZEAL, in the EX20 postcode district. The below map shows the position of PEARDS ACRE in SOUTH ZEAL.