Richmond House New Road

    RICHMOND HOUSE, NEW ROAD, MERTON, OKEHAMPTON, EX20 3EG

    This detached freehold property on New Road last sold in October 2024 for £437,000. Based on price growth in the EX20 district since then, its estimated current value is £408,772 — placing it in the 69th percentile nationally and the 80th percentile within EX20. The property covers 134 m² (1,442 sq ft), giving an estimated value of £3,051 per m². The EPC rating is F, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £437,000

    Oct 2024

    Estimated Valuation

    £408,772

    Est. £/sq ft

    £283/sq ft

    £3,051/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelbulk wood pellets
    EPC currentF
    EPC potentialC
    Floor area1,442 sq ft (134 m²)
    EPC dateJun 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, wood pellets

    Transaction History

    16 Oct 2024

    £437,000

    18 Sept 2020

    £337,000

    Key Metrics

    Estimated valuation£408,772
    Value per sq ft / m²£283/sq ft (£3,051/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EX20 district percentile80th percentile
    National percentile69th percentile

    District Context — EX20

    EX20 covers the higher moorland and rural areas of mid-Devon, centred on Okehampton and surrounding villages. It is a quieter, more mature region with a pronounced rural and semi-retired character.

    Average Property Price - EX20

    £315,114

    47

    National percentile

    Average Net Household Income - EX20

    £37,548

    47

    National percentile

    10-Year Annualised Price Growth - EX20

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - EX

    3.5%

    26

    National percentile

    View full analysis for EX20

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