PENSHURST, RAMSLEY, SOUTH ZEAL, OKEHAMPTON, EX20 2LD - £400,000

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.

PENSHURST is a midsized extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £415,601. It was last sold for £400,000 in October 2024, which was around 9% below the average October 2024 detached price in the West Devon local authority area. The most recent EPC inspection was June 2024, where the current energy rating was F, and the potential energy rating was D.

PENSHURST Sold Prices

Land registry data shows three sales for PENSHURST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Two of the three PENSHURST sales were for below the average price, whilst one was 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
2024 30 OCT	£400,000	£441,398	9% below HPI
2012 20 AUG	£287,500	£285,631	1% above HPI
2008 10 JUL	£290,000	£303,891	5% below HPI

PENSHURST 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 three PENSHURST sales between July 2008 and October 2024 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 August 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2024 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might PENSHURST be worth now?

PENSHURST might now be worth an estimated £415,601.

This is based on house price inflation of 3.9%, between October 2024 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 3.9% inflationary increase is applied to the most recent sale price for PENSHURST of £400,000 on 30th October 2024. For the value to have increased from £400,000 to £415,601 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of PENSHURST has moved in line with the HPI for detached houses in the West Devon local authority area.
• The October 2024 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of PENSHURST has not materially changed since October 2024.

How Large is PENSHURST?

PENSHURST is 118m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% of detached houses houses in South Zeal, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Zeal, and where PENSHURST lies on this distribution: 46% of detached houses houses are smaller than PENSHURST, and 54% of houses are larger. Note that EPC data is not available for all properties in South Zeal.

PENSHURST: Plot and Title Map

PENSHURST sits on a plot of roughly 0.493 of an acre, or 1,995m². The below map shows the location of PENSHURST, 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 PENSHURST). 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 PENSHURST?

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