40A, KELLANDS LANE, OKEHAMPTON, EX20 1FQ - £110,000

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.

40A KELLANDS LANE is a very small flat of 45m², built in 2014, which could now be worth an estimated £104,663. It was last sold for £110,000 in September 2023, which was around 30% below the average September 2023 flat price in the West Devon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

40A KELLANDS LANE Sold Prices

Land registry data shows two sales for 40A KELLANDS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the West Devon local authority area for the corresponding sale date. Both of the two 40A KELLANDS LANE 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
2023 14 SEP	£110,000	£156,500	30% below HPI
2021 8 DEC	£110,000	£155,712	29% below HPI

What might 40A KELLANDS LANE be worth now?

40A KELLANDS LANE might now be worth an estimated £104,663.

This is based on house price deflation of 4.9%, between September 2023 and May 2026, for flats, 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 4.9% deflationary decrease is applied to the most recent sale price for 40A KELLANDS LANE of £110,000 on 14th September 2023. For the value to have decreased from £110,000 to £104,663 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 40A KELLANDS LANE has moved in line with the HPI for flats in the West Devon local authority area.
• The September 2023 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 40A KELLANDS LANE has not materially changed since September 2023.

How Large is 40A KELLANDS LANE?

40A KELLANDS LANE is 45m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of flats in Okehampton, based on EPC data. 20% of flats are smaller than 40A KELLANDS LANE, and 78% of flats are larger. Note that EPC data is not available for all properties in Okehampton.

40A KELLANDS LANE: Plot

40A KELLANDS LANE sits on a plot of roughly 0.046 of an acre, or 186m².

Where is 40A KELLANDS LANE?

40A KELLANDS LANE is located in OKEHAMPTON, in the EX20 postcode district.