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According to the public record, Lake View, Okehampton is a early-century freehold house with 1,227 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lake View, Okehampton is £491,193 and the estimated rental value is £1,217 per month.
Belstone, Okehampton, EX20 is located in the borough of West Devon within the EX20 postal district.
Lake View, Okehampton has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Lake View, Okehampton is in very good condition we estimate a sale value of £515,753 and a rental value of £1,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,809 and a rental value of £1,132 per month.
Over the last 12 months the sale value of Lake View Okehampton has increased by an estimated £2,870 (0.6%) and its rental value has increased by an estimated £44 per month (3.6%), giving an expected gross yield of 3%.
Lake View, Okehampton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lake View, Okehampton was last sold on 7th November 2023 for £503,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2023, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lake View, Okehampton within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 6, Moorcroft Court, Okehampton, EX20 1XD, a freehold house which sold for £482,500 on the 27th September 2023.
Read more about house prices in EX20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belstone, Okehampton, EX20 has a total of 117 addresses. According to our analysis of all the public data, Lake View, Okehampton is the 77th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in EX20.
The closest station to Lake View, Okehampton is Okehampton station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lake View, Okehampton, 62.2% of property is privately owned outright and 20.7% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lake View, Okehampton, 11.9% of residents are recorded as possessing school level qualifications and 44.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lake View, Okehampton, the average age was 44.6 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lake View, Okehampton, 0.8% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lake View, Okehampton, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.