OLD SMITHY, STATION ROAD, NORTHLEW, OKEHAMPTON, EX20 3BN - £210,000

OLD SMITHY is a large extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £210,000 in May 2018, which was around 38% below the average May 2018 detached price in the West Devon local authority area. The most recent EPC inspection was November 2017, where the current energy rating was F, and the potential energy rating was D.

OLD SMITHY Sold Prices

Land registry data shows three sales for OLD SMITHY 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 OLD SMITHY 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
2018 15 MAY	£210,000	£339,488	38% below HPI
1996 18 NOV	£62,500	£91,053	31% below HPI
1995 24 NOV	£53,000	£80,516	34% below HPI

OLD SMITHY 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 OLD SMITHY sales between November 1995 and May 2018 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is OLD SMITHY?

OLD SMITHY is 113m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Northlew, based on EPC data. The below chart shows the distribution of detached houses by size in Northlew, and where OLD SMITHY lies on this distribution: 68% of detached houses are smaller than OLD SMITHY, and 32% of houses are larger. Note that EPC data is not available for all properties in Northlew.

OLD SMITHY: Plot and Title Map

OLD SMITHY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of OLD SMITHY, 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 OLD SMITHY). 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 OLD SMITHY?

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