22, OTTER CLOSE, OKEHAMPTON, EX20 1TT - £186,500

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.

22 OTTER CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £311,487. It was last sold for £186,500 in July 2010, which was around 34% below the average July 2010 detached price in the West Devon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

22 OTTER CLOSE Sold Prices

Land registry data shows four sales for 22 OTTER CLOSE 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 22 OTTER CLOSE 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
2010 13 JUL	£186,500	£284,186	34% below HPI
2007 6 DEC	£190,000	£305,658	38% below HPI
2003 31 JAN	£131,000	£213,790	39% below HPI
2000 26 MAY	£75,995	£130,543	42% below HPI

22 OTTER CLOSE 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 22 OTTER CLOSE sales between May 2000 and July 2010 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2010 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 22 OTTER CLOSE be worth now?

22 OTTER CLOSE might now be worth an estimated £311,487.

This is based on house price inflation of 67%, between July 2010 and June 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 67% inflationary increase is applied to the most recent sale price for 22 OTTER CLOSE of £186,500 on 13th July 2010. For the value to have increased from £186,500 to £311,487 over the fifteen years and one month to June 2025, the following assumptions must hold true:

• The value of 22 OTTER CLOSE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The July 2010 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 22 OTTER CLOSE has not materially changed since July 2010.

How Large is 22 OTTER CLOSE?

22 OTTER CLOSE is 74m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% 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 22 OTTER CLOSE lies on this distribution: 8% of detached houses houses are smaller than 22 OTTER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

22 OTTER CLOSE: Plot and Title Map

22 OTTER CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 22 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 22 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 22 OTTER CLOSE?

22 OTTER CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 22 on OTTER CLOSE.