PENHILL, RAMSLEY, SOUTH ZEAL, OKEHAMPTON, EX20 2LD - £320,000

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

PENHILL is a small extended detached house of 105m², built sometime before 1900. It was last sold for £320,000 in October 2014, which was around 4% above the average October 2014 detached price in the West Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

PENHILL Sold Prices

Land registry data shows two sales for PENHILL 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 PENHILL 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
2014 9 OCT	£320,000	£308,314	4% above HPI
2013 26 JUL	£158,500	£282,236	44% below HPI

PENHILL 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 PENHILL sales from July 2013 and October 2014 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 July 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is PENHILL?

PENHILL is 105m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 PENHILL lies on this distribution: 28% of detached houses are smaller than PENHILL, and 72% of houses are larger. Note that EPC data is not available for all properties in South Zeal.

PENHILL: Plot and Title Map

PENHILL sits on a plot of roughly 0.164 of an acre, or 666m². The below map shows the location of PENHILL, 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 PENHILL). 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 PENHILL?

PENHILL is located on RAMSLEY in SOUTH ZEAL, in the EX20 postcode district. The below map shows the position of PENHILL on RAMSLEY.