THE NEST, CASTLE ROAD, OKEHAMPTON, EX20 1HZ - £161,750

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.

THE NEST is a very small terraced house of 55m², which could now be worth an estimated £208,881. It was last sold for £161,750 in March 2020, which was around 12% below the average March 2020 terraced price in the West Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

THE NEST Sold Prices

Land registry data shows two sales for THE NEST 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 THE NEST 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 11 MAR	£161,750	£183,679	12% below HPI
2017 21 MAR	£147,500	£163,902	10% below HPI

THE NEST 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 THE NEST sales from March 2017 and March 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 March 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might THE NEST be worth now?

THE NEST might now be worth an estimated £208,881.

This is based on house price inflation of 29.1%, between March 2020 and June 2025, 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 29.1% inflationary increase is applied to the most recent sale price for THE NEST of £161,750 on 11th March 2020. For the value to have increased from £161,750 to £208,881 over the four years and nine months to June 2025, the following assumptions must hold true:

• The value of THE NEST has moved in line with the HPI for terraced houses in the West Devon local authority area.
• The March 2020 sale price of £161,750 represented a fair market value for the property.
• The size, condition, and specification of THE NEST has not materially changed since March 2020.

How Large is THE NEST?

THE NEST is 55m² according to the EPC inspection conducted in March 2017. 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 THE NEST lies on this distribution: 1% of terraced houses houses are smaller than THE NEST, and 99% of houses are larger. Note that EPC data is not available for all properties in Okehampton.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.019 of an acre, or 77m². The below map shows the location of THE NEST, 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 THE NEST). 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 THE NEST?

THE NEST is located on CASTLE ROAD in OKEHAMPTON, in the EX20 postcode district. The below map shows the position of THE NEST on CASTLE ROAD.