PENNYROYAL, WILLEY LANE, STICKLEPATH, OKEHAMPTON, EX20 2NG - £597,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PENNYROYAL is a large extended detached house of 159m², built sometime between 1900 and 1929, which could now be worth an estimated £639,683. It was last sold for £597,000 in November 2021, which was around 39% above the average November 2021 detached price in the West Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was C.

PENNYROYAL Sold Prices

Land registry data shows two sales for PENNYROYAL 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 PENNYROYAL 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
2021 12 NOV	£597,000	£428,013	39% above HPI
2004 5 FEB	£270,000	£251,619	7% above HPI

PENNYROYAL 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 PENNYROYAL sales from February 2004 and November 2021 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 February 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might PENNYROYAL be worth now?

PENNYROYAL might now be worth an estimated £639,683.

This is based on house price inflation of 7.1%, between November 2021 and February 2025, 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 7.1% inflationary increase is applied to the most recent sale price for PENNYROYAL of £597,000 on 12th November 2021. For the value to have increased from £597,000 to £639,683 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of PENNYROYAL has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2021 sale price of £597,000 represented a fair market value for the property.
• The size, condition, and specification of PENNYROYAL has not materially changed since November 2021.

How Large is PENNYROYAL?

PENNYROYAL is 159m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 PENNYROYAL lies on this distribution: 77% of detached houses houses are smaller than PENNYROYAL, and 23% of houses are larger. Note that EPC data is not available for all properties in Sticklepath.

PENNYROYAL: Plot and Title Map

PENNYROYAL sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of PENNYROYAL, 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 PENNYROYAL). 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 PENNYROYAL?

PENNYROYAL is located on WILLEY LANE in STICKLEPATH, in the EX20 postcode district. The below map shows the position of PENNYROYAL on WILLEY LANE.