FERNBANK, STATION ROAD, NORTHLEW, OKEHAMPTON, EX20 3BN - £265,000

FERNBANK is a very large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £265,000 in April 2015, which was around 14% below the average April 2015 detached price in the West Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was B.

FERNBANK Sold Prices

Land registry data shows three sales for FERNBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three FERNBANK 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
2015 13 APR	£265,000	£307,643	14% below HPI
2005 21 JAN	£152,000	£272,234	44% below HPI
2003 20 MAY	£188,000	£219,746	14% below HPI

FERNBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three FERNBANK sales between May 2003 and April 2015 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 January 2005 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is FERNBANK?

FERNBANK is 139m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where FERNBANK lies on this distribution: 80% of detached houses are smaller than FERNBANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Northlew.

FERNBANK: Plot and Title Map

FERNBANK sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of FERNBANK, 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 FERNBANK). 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 FERNBANK?

FERNBANK is located on STATION ROAD in NORTHLEW, in the EX20 postcode district. The below map shows the position of FERNBANK on STATION ROAD.