11, OTTER CLOSE, OKEHAMPTON, EX20 1TT - £175,000

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.

11 OTTER CLOSE is a very small terraced house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £243,914. It was last sold for £175,000 in July 2017, which was around 3% above the average July 2017 terraced price in the West Devon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

11 OTTER CLOSE Sold Prices

Land registry data shows six sales for 11 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the West Devon local authority area for the corresponding sale date. Most of the six 11 OTTER CLOSE sales were 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
2017 27 JUL	£175,000	£170,183	3% above HPI
2016 20 DEC	£160,000	£166,156	4% below HPI
2008 25 APR	£137,000	£157,838	13% below HPI
2003 3 JAN	£119,950	£99,085	21% above HPI
2002 19 APR	£86,995	£81,508	7% above HPI
1999 29 OCT	£60,000	£53,802	12% above HPI

11 OTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Devon local authority area over time, sourced from the HPI. The six 11 OTTER CLOSE sales between October 1999 and July 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 December 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 11 OTTER CLOSE be worth now?

11 OTTER CLOSE might now be worth an estimated £243,914.

This is based on house price inflation of 39.4%, between July 2017 and June 2025, for terraced 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 39.4% inflationary increase is applied to the most recent sale price for 11 OTTER CLOSE of £175,000 on 27th July 2017. For the value to have increased from £175,000 to £243,914 over the eight years and one month to June 2025, the following assumptions must hold true:

• The value of 11 OTTER CLOSE has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The July 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OTTER CLOSE has not materially changed since July 2017.

How Large is 11 OTTER CLOSE?

11 OTTER CLOSE is 70m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of terraced houses houses in Okehampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Okehampton, and where 11 OTTER CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 11 OTTER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

11 OTTER CLOSE: Plot and Title Map

11 OTTER CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 11 OTTER CLOSE, 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 11 OTTER CLOSE). 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 11 OTTER CLOSE?

11 OTTER CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 11 on OTTER CLOSE.