Sold Detached

ORCHARD COTTAGE

CLARKES LANE, OKEHAMPTON, MERTON, DEVON EX20 3EF

2 beds 1,625 sq ft Listed 14 Jul 2010 (-5808d)

£275,000

Reduced on 18 Jan 2011

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Property details

Floor area

151 m²

EPC rating

D

Year built

England and Wales: 1991-1995

Last sold

£249,950 Apr 2011

Price per m²

£1,821/m²

Local average

£419,036 (-34.4%)

Deprivation

Decile 4 (10,194 of 33,755)

Street crime

0 incidents within 1 mile (Mar 2026)

Key features

  • Detached Chalet Bungalow
  • Spac. Ent. Hall, Cloak,
  • Utility, Kitchen/ B'fast
  • 34' Sitting / Dining Room
  • 22' Master, 11' 2Nd Bed
  • Box Rm/bedroom 3, Bath
  • Det.Garage & Pkg, Drive
  • Mature Gardens

Additional details

Parking
Yes
Garden
Yes

Description

QUIETLY SITUATED IN AN EDGE OF VILLAGE LOCATION WITH BEAUTIFUL OPEN COUNTRYSIDE VIEWS A HIGHLY INDIVIDUAL DETACHED PROPERTY WHICH IS APPROX. 15 YEARS OLD BENEFITING FROM OIL FIRED CENTRAL HEATING, DOUBLE GLAZING. HAVING ENTRANCE HALL, CLOAKROOM, LARGE UTILITY, KITCHEN/BREAKFAST RM, 34' SITTING/DINING RM, 22' MASTER BEDROOM, 11' BEDROOM 2, BOX ROOM WITH SCOPE TO CREATE A BEDROOM, DETACHED GARAGE, MATURE GARDENS, DRIVEWAY. A UNIQUE PROPERTY.
SituationSituated within the village of Merton which is surrounded by the grounds belonging to the Clinton Devon Estate, with a large percentage of the houses in the village belonging to the Estate. The village itself boasts a good community spirit and remains unspoilt with local inn, village hall, garage, recreational field and primary school. It is surrounded by beautiful countryside incorporating various walks and bridleways and is approximately 15 minutes drive from the Cavalier town of Great Torrington where there are shops and amenities catering for everyday needs including primary and secondary schooling. Whilst Bideford and Barnstaple the regional town centres are approximately hours drive away.
Orchard Cottage is tucked away in a quiet lane in a peaceful, tranquil setting surrounded by open fields yet within a short distance to the village.
DescriptionBuilt approximately 15 years ago (not confirmed) of Scandanavian design traditionally built under a slate roof with rendered and colourwashed elevations. A noteable feature of the property is the very large Sitting Room/Dining Room which overlooks the open fields. Another feature is the Master Bedroom which is larger than normal and again takes full advantage of the beautiful open views. The small box room (currently used as a dressing room) could serve as a study by moving the partition walls it would be possible to increase the size of this Box Room into the Master Bedroom to create a larger room which would then become the third bedroom. As you enter the property there is a very spacious entrance hall with Oak flooring running all the way through the ground floor as well as a good sized, well fitted Kitchen/Breakfast Room there is a large Utility Room and Cloakroom. All rooms being very light and airy. The very pleasant mature Gardens surround the property, there is a double wooden entrance gate to gravelled driveway and detached Garage.
Entrance PorchTiled floor.
Entrance Hall5.41m(17'9'') x 2.97m(9'9'')
With oak flooring throughout and radiator.
CloakroomWith low level WC, pedestal wash hand basin.
Utility Room3.61m(11'10'') x 3.53m(11'7'')
Range of fitted storage cupboards, Grant oil fired combi boiler serving hot water and central heating system, inset sink with cupboards under with space and plumbing for washing machine. Door to side.
Kitchen / Breakfast Room3.53m(11'7'') x 3.53m(11'7'')
Pleasant double aspect room with single drainer sink unit, double electric oven, gas hob and electric hob, extensive range of floor and eye level cupboards, attractive tiled flooring, spotlights, dishwasher.
Sitting Room / Dining Room10.36m(34'0'') x 4.22m(13'10'')
Oak flooring throughout with central French doors opening to patio and garden. Two large picture windows enjoying the open views, 2 radiators, Scandanavian woodburner to the corner of the room.
STAIRCASE FROM HALL TO FIRST FLOOR LANDING
Master Bedroom6.76m(22'2'') x 5.26m(17'3'')
A triple aspect room enjoying the open countryside views with windows and velux windows, 2 radiators.
Bedroom Two3.53m(11'7'') x 3.53m(11'7'')
Radiator.
Box Room / Dressing Room2.26m(7'5'') x 1.83m(6'0'')
This could be used as a small office.
Bathroom3.35m(11'0'') x 2.41m(7'11'')
Radiator, pedestal wash hand basin with shaver point over, low level WC, panelled bath with shower over and side screen, medicine cabinet.
OutsideThe property is approached off a private no through lane belonging to the Clinton Devon Estate serving four properties. If maintenance required to road the Estate pays of the overall cost and the 4 properties contribute a share each of the remaining half. The lane had the potholes filled and was fully tarmaced this year at a cost of £300 to each property. From the lane there are double wooden gates leading to a gravelled driveway with parking for 3/4 cars and also leading to DETACHED GARAGE to the side of the garage is a greenhouse and pergola with the garden running around to the rear. There is a pleasant patio and garden with timber shed which is divided from the field by a beeched hedge. There is a front ornamental garden which is well stocked with plants and shrubs.
Detached Garage5.51m(18'1'') x 4.37m(14'4'')
With power and light connected and up and over door.
ServicesMains water, drainage and electric. Oil fired central heating.
NotePhillips Smith & Dunn have not tested any apparatus, equipment, fitting or services and so cannot verify that they are in working order. The Buyer is advised to obtain verification from their Solicitor and Surveyor.
ViewingStrictly by appointment only through Phillips Smith & Dunn Bideford Office telephone 01237 423007. Out of office hours telephone Roger Berry on 07970 940416.
Ref7199
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

Listed by

Bideford

Phillips, Smith & Dunn

Reference: 16536597

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: D

Inspection date: 16/06/2025

Current heating cost: £1,597/year

Potential heating cost: £1,365/year

Est. upgrade cost to C: £7,735

Recommendations

  • Floor insulation (suspended floor) (£5,000 - £10,000)
  • Upgrade heating controls (£220 - £250)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 08/04/2011 (15 years ago) £249,950

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
TOWER PARK CLARKES LANE, MERTON, OKEHAMPTON, TORRIDGE, DEVON, EX20 3EF £500,000 28/11/2023 Detached
APPLETREE HOUSE CLARKES LANE, MERTON, OKEHAMPTON, TORRIDGE, DEVON, EX20 3EF £460,000 02/10/2023 Detached

Area average: £480,000 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 36.2%
10y growth 40.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Torridge. Series: Detached. As of March 2026.

1y (index) 0.1%
5y (index) 15.9%
10y (index) 34%

Rental Range

Estimated market rent for Torridge. Low = conservative, Realistic = average, Optimistic = best case.

Low £708/mo
Realistic £787/mo
Optimistic £866/mo

Based on Local Authority from postcode lookup → Torridge.

LHA (30th percentile) floor for Exeter: £793/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Merton Garage 0.2 miles
Bus stop Unknown 2.7 miles
Shop Church Street Stores 2.7 miles
Hospital Torrington Community Hospital 4.9 miles
Train station Portsmouth Arms 7.9 miles
Train station Kings Nympton 9.0 miles
Hospital Bideford Hospital 10.3 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
The Clinton Church of England Primary School Primary 0.1 miles Requires improvement — 28 Mar 2023
Beaford Community Primary & Nursery School Primary 2.5 miles Outstanding — 11 Sep 2014
Dolton Church of England Primary School Primary 2.7 miles Good — 10 Sep 2024
Marland School Other 3.1 miles Good — 18 May 2023
Great Torrington Bluecoat Church of England Primary School Primary 4.7 miles (Inspected (no overall grade))

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed End Terrace, Nipawin, EX20 £825/mo 2 0.24 miles OpenRent

Average rent: £825/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.3%
Max investor price (0.8%) £103,125
Target investor price (1%) £82,500
Gross yield 3.6%
Cost-to-rent ratio 27.8×
Monthly cashflow £-365/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).