Okehampton Parish Profile

Average property prices of £253,000 within Okehampton in 2023, increasing by 1.2% from £250,000 in 2022.
- It should be noted that house prices have increased year on year over the last 5 years.
11% of homes are 1 bedroom properties, 28.6% are 2 bedrooms, 40.7% are 3 bedrooms, 19.8% are 4 or more (which is lower than the 21.1% average for England and Wales).
Occupancy ratings for bedrooms:
- 37% have 2 or more spare bedrooms,
- 35.8% have 1 spare bedroom,
- 25.4% have the correct number of bedrooms for their household need,
- 1.8% have are lacking a bedroom.
Of the households in the parish, 34.9% own their home outright, 26.6% own with a mortgage or shared ownership, 14.4% live in social rented accommodation and 24.1% live in private rented accommodation or live rent free.

Average 2 bed private rental prices of £675 per calendar month between 2020 and 2022 (median).
The maximum Local Housing Allowance is £792.83 per month for a 3 bed property
In the EX20 postcode area, there has been a 28.8% decrease in demand for rental properties, whilst there has been a 16.2% decrease in available listings, in the period between Sept 22 and Sept 23.
During the same period, there has been a 11.3% increase in the asking price on Rental Properties in the EX20 postcode area.

Current stock (approximate):
- Live West - 234 social/affordable rented stock, 5 shared ownership, 54 sheltered accommodation units
- Sanctuary - 72 social/affordable rented units, 12 housing for older people
- Aster - 70 social/affordable rented units, 35 shared ownership
- Tamar Housing Society - 12 Rent Plus homes Sovereign - 36 social rent properties
- South West Housing Society - 42 social/affordable rent, 4 shared ownership
- Stonewater - 14 social/affordable rented, 2 shared ownership
- Teign Housing - 13 affordable rented, 7 shared ownership
- Willowtree - 95 social/affordable rented, 12 shared ownership, 28 Rent Plus
There have been 223 Affordable Housing units available through Devon Home Choice, between January 2019 and April 2024
This stock turnover included 81 x 1 beds, 98 x 2 beds, and 39 x 3 bed, 5 x 4 bed properties.
This was a mix of 1 Bedsit, 7 Bungalows, 106 Flats, 107 Houses, 2 Coach-Houses

187 applicants registered with a local connection through residence. A further 17 have a local connection through employment and 46 through family connection.
The average income of households registered on Devon Home Choice with a local connection to Okehampton is £15,293 annually (mean).

There has been development in various areas of the town in recent years, which has included the delivery of additional affordable homes.
Crediton Road will have 400 homes, with some affordable homes in this. Exeter Road had development of 50 homes, of which almost 30 were affordable, through renting or purchasing schemes

Okehampton has two primary schools, one secondary school with sixth form and a SEND school.
To provide a snapshot of the primary schools, the following information is based on the oldest primary school in the town.
Okehampton Primary School provides for children aged 2 years until 11 years.
The number of children enrolled at the school has decreased slightly in recent years, and has fallen below the school’s capacity of 630. However, the number on roll has remained high.
The percentage of children eligible for Free School Meals has slightly decreased within the same period, but still remains at around a quarter of the pupils in the school. This is an indicator of income and affordability of essential provisions.

33% travel less than 10km to their work place. 20.3% work mainly from home.
56.5% of the parish population are economically active and in employment, 2.1% are unemployed. 41.4% are economically inactive.
32.9% of households in the parish are single person households. 35.4% are two people households. These are both above the average for England. 14.2% are three person households, and 17.6% are four or more person households.
90.4% provide no unpaid care. 3.2% provide 50 or more hours of unpaid care a week. 1.6% provide 20 to 49 hours a week, and 4.8% provide 19 hours or less a week.
45.4% of households are not deprived in any dimension. 35.6% are deprived in one dimension, and 15.3% deprived in two dimensions

Housing Needs Survey Results