THE BRAMBLES, CASTLE ROAD, OKEHAMPTON, EX20 1HZ - £165,000

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

THE BRAMBLES is a very small extended detached house of 73m², built sometime between 1996 and 2002. It was last sold for £165,000 in February 2019, which was around 54% below the average February 2019 detached price in the West Devon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

THE BRAMBLES Sold Prices

Land registry data shows four sales for THE BRAMBLES 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 THE BRAMBLES 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
2019 22 FEB	£165,000	£359,238	54% below HPI
2006 3 MAR	£137,500	£279,740	51% below HPI
1999 12 MAR	£54,500	£104,471	48% below HPI
1998 9 APR	£52,000	£93,789	45% below HPI

THE BRAMBLES 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 THE BRAMBLES sales between April 1998 and February 2019 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 2006 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2019 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is THE BRAMBLES?

THE BRAMBLES is 73m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Okehampton, based on EPC data. The below chart shows the distribution of detached houses by size in Okehampton, and where THE BRAMBLES lies on this distribution: 7% of detached houses are smaller than THE BRAMBLES, and 92% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

THE BRAMBLES: Plot and Title Map

THE BRAMBLES sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of THE BRAMBLES, 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 THE BRAMBLES). 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 THE BRAMBLES?

THE BRAMBLES is located on CASTLE ROAD in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of THE BRAMBLES on CASTLE ROAD.