7, HOOPER CLOSE, HATHERLEIGH, OKEHAMPTON, EX20 3SN - £135,000

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.

7 HOOPER CLOSE is a very small terraced house of 81m², built sometime between 2007 and 2011, which could now be worth an estimated £198,857. It was last sold for £135,000 in May 2014, which was around 11% below the average May 2014 terraced price in the West Devon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

7 HOOPER CLOSE Sold Prices

Land registry data shows two sales for 7 HOOPER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Devon local authority area for the corresponding sale date. Both of the two 7 HOOPER 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
2014 21 MAY	£135,000	£151,965	11% below HPI
2007 30 NOV	£161,950	£166,479	3% below HPI

7 HOOPER 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 two 7 HOOPER CLOSE sales from November 2007 and May 2014 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 November 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 HOOPER CLOSE be worth now?

7 HOOPER CLOSE might now be worth an estimated £198,857.

This is based on house price inflation of 47.3%, between May 2014 and May 2026, 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 47.3% inflationary increase is applied to the most recent sale price for 7 HOOPER CLOSE of £135,000 on 21st May 2014. For the value to have increased from £135,000 to £198,857 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 7 HOOPER CLOSE has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The May 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOOPER CLOSE has not materially changed since May 2014.

How Large is 7 HOOPER CLOSE?

7 HOOPER CLOSE is 81m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of terraced houses houses in Hatherleigh, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hatherleigh, and where 7 HOOPER CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 7 HOOPER CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hatherleigh.

7 HOOPER CLOSE: Plot and Title Map

7 HOOPER CLOSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 7 HOOPER 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 HOOPER 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 HOOPER CLOSE?

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