38, THE HEATHERS, OKEHAMPTON, EX20 1TB - £147,500

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.

38 THE HEATHERS is a very small terraced house of 50m², built sometime between 1996 and 2002, which could now be worth an estimated £221,207. It was last sold for £147,500 in February 2016, which was around 7% below the average February 2016 terraced price in the West Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

38 THE HEATHERS Sold Prices

Land registry data shows five sales for 38 THE HEATHERS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the West Devon local authority area for the corresponding sale date. The five 38 THE HEATHERS sales were a mix of below the average price, roughly equal to the average price, and 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
2016 18 FEB	£147,500	£158,164	7% below HPI
2005 5 AUG	£169,000	£141,902	19% above HPI
1999 21 APR	£46,500	£50,653	8% below HPI
1996 20 DEC	£43,000	£42,812	Close to HPI
1996 26 SEP	£41,000	£41,777	2% below HPI

38 THE HEATHERS 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 five 38 THE HEATHERS sales between September 1996 and February 2016 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 August 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 38 THE HEATHERS be worth now?

38 THE HEATHERS might now be worth an estimated £221,207.

This is based on house price inflation of 50%, between February 2016 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 50% inflationary increase is applied to the most recent sale price for 38 THE HEATHERS of £147,500 on 18th February 2016. For the value to have increased from £147,500 to £221,207 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 38 THE HEATHERS has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The February 2016 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 38 THE HEATHERS has not materially changed since February 2016.

How Large is 38 THE HEATHERS?

38 THE HEATHERS is 50m² according to the EPC inspection conducted in October 2014. 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 38 THE HEATHERS lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 THE HEATHERS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

38 THE HEATHERS: Plot and Title Map

38 THE HEATHERS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 38 THE HEATHERS, 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 38 THE HEATHERS). 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 38 THE HEATHERS?

38 THE HEATHERS is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 38 on THE HEATHERS.