7, FERN CLOSE, OKEHAMPTON, EX20 1PD - £142,500

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.

7 FERN CLOSE is a very small terraced house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £208,395. It was last sold for £142,500 in May 2007, which was around 12% below the average May 2007 terraced price in the West Devon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 FERN CLOSE Sold Prices

Land registry data shows three sales for 7 FERN CLOSE 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 7 FERN 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
2007 31 MAY	£142,500	£162,197	12% below HPI
2003 1 DEC	£91,750	£110,549	17% below HPI
2003 14 MAY	£89,000	£105,282	15% below HPI

7 FERN CLOSE 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 7 FERN CLOSE sales between May 2003 and May 2007 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 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2007 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 FERN CLOSE be worth now?

7 FERN CLOSE might now be worth an estimated £208,395.

This is based on house price inflation of 46.2%, between May 2007 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 46.2% inflationary increase is applied to the most recent sale price for 7 FERN CLOSE of £142,500 on 31st May 2007. For the value to have increased from £142,500 to £208,395 over the seventeen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 7 FERN CLOSE has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The May 2007 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FERN CLOSE has not materially changed since May 2007.

How Large is 7 FERN CLOSE?

7 FERN CLOSE is 56m² according to the EPC inspection conducted in November 2013. 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 7 FERN CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 FERN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

7 FERN CLOSE: Plot and Title Map

7 FERN CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 7 FERN 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 7 FERN 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 7 FERN CLOSE?

7 FERN CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 7 on FERN CLOSE.