SUNRISE, MOORCROFT CLOSE, OKEHAMPTON, EX20 1XB - £295,000

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.

SUNRISE is a large extended detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £398,346. It was last sold for £295,000 in October 2017, which was around 13% below the average October 2017 detached price in the West Devon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

SUNRISE Sold Prices

Land registry data shows four sales for SUNRISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the four SUNRISE 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
2017 25 OCT	£295,000	£339,632	13% below HPI
2016 24 MAR	£265,000	£320,083	17% below HPI
2013 25 FEB	£240,000	£282,048	15% below HPI
2004 26 MAR	£225,000	£260,195	14% below HPI

SUNRISE 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 four SUNRISE sales between March 2004 and October 2017 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 March 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might SUNRISE be worth now?

SUNRISE might now be worth an estimated £398,346.

This is based on house price inflation of 35%, between October 2017 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 35% inflationary increase is applied to the most recent sale price for SUNRISE of £295,000 on 25th October 2017. For the value to have increased from £295,000 to £398,346 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of SUNRISE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The October 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of SUNRISE has not materially changed since October 2017.

How Large is SUNRISE?

SUNRISE is 126m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% 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 SUNRISE lies on this distribution: 73% of detached houses houses are smaller than SUNRISE, and 27% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

SUNRISE: Plot and Title Map

SUNRISE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of SUNRISE, 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 SUNRISE). 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 SUNRISE?

SUNRISE is located on MOORCROFT CLOSE in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of SUNRISE on MOORCROFT CLOSE.