7, POUND PARK, OKEHAMPTON, EX20 1SX - £131,000

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 POUND PARK is a very small extended terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £208,799. It was last sold for £131,000 in January 2014, which was around 7% below the average January 2014 terraced price in the West Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

7 POUND PARK Sold Prices

Land registry data shows two sales for 7 POUND PARK 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 POUND PARK 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 30 JAN	£131,000	£140,441	7% below HPI
2006 20 DEC	£124,000	£154,108	20% below HPI

7 POUND PARK 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 POUND PARK sales from December 2006 and January 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 December 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 POUND PARK be worth now?

7 POUND PARK might now be worth an estimated £208,799.

This is based on house price inflation of 59.4%, between January 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 59.4% inflationary increase is applied to the most recent sale price for 7 POUND PARK of £131,000 on 30th January 2014. For the value to have increased from £131,000 to £208,799 over the eleven years and eight months to May 2026, the following assumptions must hold true:

• The value of 7 POUND PARK has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The January 2014 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 7 POUND PARK has not materially changed since January 2014.

How Large is 7 POUND PARK?

7 POUND PARK is 59m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 POUND PARK lies on this distribution: 1% of terraced houses houses are smaller than 7 POUND PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

7 POUND PARK: Plot and Title Map

7 POUND PARK sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 7 POUND PARK, 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 POUND PARK). 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 POUND PARK?

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