7, OKE TOR CLOSE, OKEHAMPTON, EX20 1QD - £172,500

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 OKE TOR CLOSE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £202,605. It was last sold for £172,500 in July 2021, which was around 13% below the average July 2021 terraced price in the West Devon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

7 OKE TOR CLOSE Sold Prices

Land registry data shows five sales for 7 OKE TOR CLOSE 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 7 OKE TOR CLOSE sales were a mix of below the average price, and roughly equal to 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
2021 20 JUL	£172,500	£198,738	13% below HPI
2006 15 SEP	£140,000	£151,640	8% below HPI
2006 27 FEB	£136,000	£145,080	6% below HPI
2000 1 FEB	£49,000	£57,005	14% below HPI
1995 7 JUN	£40,000	£39,974	Close to HPI

7 OKE TOR 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 five 7 OKE TOR CLOSE sales between June 1995 and July 2021 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 September 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 OKE TOR CLOSE be worth now?

7 OKE TOR CLOSE might now be worth an estimated £202,605.

This is based on house price inflation of 17.5%, between July 2021 and April 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 17.5% inflationary increase is applied to the most recent sale price for 7 OKE TOR CLOSE of £172,500 on 20th July 2021. For the value to have increased from £172,500 to £202,605 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 7 OKE TOR CLOSE has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The July 2021 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 7 OKE TOR CLOSE has not materially changed since July 2021.

How Large is 7 OKE TOR CLOSE?

7 OKE TOR CLOSE is 61m² according to the EPC inspection conducted in March 2021. 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 OKE TOR CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 7 OKE TOR CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

7 OKE TOR CLOSE: Plot and Title Map

7 OKE TOR CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 7 OKE TOR 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 OKE TOR 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 OKE TOR CLOSE?

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