8, KES TOR CLOSE, OKEHAMPTON, EX20 1TF - £150,000

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.

8 KES TOR CLOSE is a very small terraced house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £182,911. It was last sold for £150,000 in August 2020, which was around 16% below the average August 2020 terraced price in the West Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 KES TOR CLOSE Sold Prices

Land registry data shows three sales for 8 KES TOR 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 8 KES TOR 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
2020 14 AUG	£150,000	£178,760	16% below HPI
2006 21 APR	£114,000	£150,937	24% below HPI
1999 12 NOV	£41,000	£54,727	25% below HPI

8 KES 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 three 8 KES TOR CLOSE sales between November 1999 and August 2020 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 April 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 KES TOR CLOSE be worth now?

8 KES TOR CLOSE might now be worth an estimated £182,911.

This is based on house price inflation of 21.9%, between August 2020 and July 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 21.9% inflationary increase is applied to the most recent sale price for 8 KES TOR CLOSE of £150,000 on 14th August 2020. For the value to have increased from £150,000 to £182,911 over the six years and one month to July 2026, the following assumptions must hold true:

• The value of 8 KES TOR CLOSE has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The August 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KES TOR CLOSE has not materially changed since August 2020.

How Large is 8 KES TOR CLOSE?

8 KES TOR CLOSE is 49m² according to the EPC inspection conducted in March 2020. 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 8 KES TOR CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 KES TOR CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

8 KES TOR CLOSE: Plot and Title Map

8 KES TOR CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 8 KES 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 8 KES 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 8 KES TOR CLOSE?

8 KES TOR CLOSE is located in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of No. 8 on KES TOR CLOSE.