ROWANS, FERN MEADOW, OKEHAMPTON, EX20 1PB - £269,950

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.

ROWANS is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £386,453. It was last sold for £269,950 in June 2016, which was around 16% below the average June 2016 detached price in the West Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

ROWANS Sold Prices

Land registry data shows two sales for ROWANS 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 ROWANS sales was for below the average price, whilst the other 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
2016 6 JUN	£269,950	£320,357	16% below HPI
1998 26 FEB	£97,950	£96,287	2% above HPI

ROWANS 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 ROWANS sales from February 1998 and June 2016 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 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might ROWANS be worth now?

ROWANS might now be worth an estimated £386,453.

This is based on house price inflation of 43.2%, between June 2016 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 43.2% inflationary increase is applied to the most recent sale price for ROWANS of £269,950 on 6th June 2016. For the value to have increased from £269,950 to £386,453 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of ROWANS has moved in line with the HPI for detached houses in the West Devon local authority area.
• The June 2016 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of ROWANS has not materially changed since June 2016.

How Large is ROWANS?

ROWANS is 82m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Okehampton, and where ROWANS lies on this distribution: 17% of detached houses houses are smaller than ROWANS, and 82% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

ROWANS: Plot and Title Map

ROWANS sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of ROWANS, 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 ROWANS). 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 ROWANS?

ROWANS is located on FERN MEADOW in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of ROWANS on FERN MEADOW.