3, POUND PARK, OKEHAMPTON, EX20 1SX - £124,950

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 POUND PARK is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £207,135. It was last sold for £124,950 in March 2011, which was around 30% below the average March 2011 semi-detached price in the West Devon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was B, and the potential energy rating was B.

3 POUND PARK Sold Prices

Land registry data shows two sales for 3 POUND PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Devon local authority area for the corresponding sale date. Both of the two 3 POUND PARK 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
2011 11 MAR	£124,950	£178,473	30% below HPI
1998 13 FEB	£38,500	£59,957	36% below HPI

3 POUND PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Devon local authority area over time, sourced from the HPI. The two 3 POUND PARK sales from February 1998 and March 2011 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 February 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2011 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 POUND PARK be worth now?

3 POUND PARK might now be worth an estimated £207,135.

This is based on house price inflation of 65.8%, between March 2011 and May 2026, for semi-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 65.8% inflationary increase is applied to the most recent sale price for 3 POUND PARK of £124,950 on 11th March 2011. For the value to have increased from £124,950 to £207,135 over the fourteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 POUND PARK has moved in line with the HPI for semi-detached houses in the West Devon local authority area.
• The March 2011 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 3 POUND PARK has not materially changed since March 2011.

How Large is 3 POUND PARK?

3 POUND PARK is 56m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of semi-detached houses houses in Okehampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Okehampton, and where 3 POUND PARK lies on this distribution: 1% of semi-detached houses houses are smaller than 3 POUND PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

3 POUND PARK: Plot and Title Map

3 POUND PARK sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 3 POUND PARK, 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 POUND PARK). 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 POUND PARK?

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