POUND HOUSE, RAMSLEY, SOUTH ZEAL, OKEHAMPTON, EX20 2LB - £245,000

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

POUND HOUSE is a midsized detached house of 130m², built sometime before 1900. It was last sold for £245,000 in July 2006, which was around 16% below the average July 2006 detached price in the West Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was F, and the potential energy rating was C.

POUND HOUSE Sold Prices

Land registry data shows two sales for POUND HOUSE 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 POUND HOUSE sales were 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
2006 25 JUL	£245,000	£293,007	16% below HPI
2002 19 AUG	£169,500	£184,989	8% below HPI

POUND HOUSE 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 POUND HOUSE sales from August 2002 and July 2006 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2006 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is POUND HOUSE?

POUND HOUSE is 130m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 POUND HOUSE lies on this distribution: 59% of detached houses are smaller than POUND HOUSE, and 39% of houses are larger. Note that EPC data is not available for all properties in South Zeal.

POUND HOUSE: Plot and Title Map

POUND HOUSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of POUND HOUSE, 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 POUND HOUSE). 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 POUND HOUSE?

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