3, PORTUGAL WAY, OKEHAMPTON, EX20 1DG - £265,000

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.

3 PORTUGAL WAY is a very small terraced house of 83m², built sometime between 2007 and 2011, which could now be worth an estimated £276,490. It was last sold for £265,000 in December 2022, which was around 17% above the average December 2022 terraced price in the West Devon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 PORTUGAL WAY Sold Prices

Land registry data shows three sales for 3 PORTUGAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Devon local authority area for the corresponding sale date. All of the three 3 PORTUGAL WAY 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
2022 21 DEC	£265,000	£227,343	17% above HPI
2013 3 MAY	£159,950	£144,174	11% above HPI
2010 7 MAY	£189,950	£142,722	33% above HPI

3 PORTUGAL WAY 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 three 3 PORTUGAL WAY sales between May 2010 and December 2022 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 May 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 PORTUGAL WAY be worth now?

3 PORTUGAL WAY might now be worth an estimated £276,490.

This is based on house price inflation of 4.3%, between December 2022 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 4.3% inflationary increase is applied to the most recent sale price for 3 PORTUGAL WAY of £265,000 on 21st December 2022. For the value to have increased from £265,000 to £276,490 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 3 PORTUGAL WAY has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The December 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PORTUGAL WAY has not materially changed since December 2022.

How Large is 3 PORTUGAL WAY?

3 PORTUGAL WAY is 83m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 3 PORTUGAL WAY lies on this distribution: 18% of terraced houses houses are smaller than 3 PORTUGAL WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

3 PORTUGAL WAY: Plot and Title Map

3 PORTUGAL WAY sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 3 PORTUGAL WAY, 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 3 PORTUGAL WAY). 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 3 PORTUGAL WAY?

3 PORTUGAL WAY is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 3 on PORTUGAL WAY.