1, GREENBANK COTTAGES, VENLAKE LANE, UPLYME, LYME REGIS, DT7 3SD - £417,690

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.

1 GREENBANK COTTAGES is a small extended detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £460,330. It was last sold for £417,690 in November 2021, which was around 15% below the average November 2021 detached price in the East Devon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

1 GREENBANK COTTAGES Sold Prices

Land registry data shows two sales for 1 GREENBANK COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 1 GREENBANK COTTAGES 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
2021 25 NOV	£417,690	£489,912	15% below HPI
2007 3 AUG	£216,000	£348,161	38% below HPI

1 GREENBANK COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 1 GREENBANK COTTAGES sales from August 2007 and November 2021 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 August 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 GREENBANK COTTAGES be worth now?

1 GREENBANK COTTAGES might now be worth an estimated £460,330.

This is based on house price inflation of 10.2%, between November 2021 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for 1 GREENBANK COTTAGES of £417,690 on 25th November 2021. For the value to have increased from £417,690 to £460,330 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GREENBANK COTTAGES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2021 sale price of £417,690 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENBANK COTTAGES has not materially changed since November 2021.

How Large is 1 GREENBANK COTTAGES?

1 GREENBANK COTTAGES is 95m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses houses in Uplyme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uplyme, and where 1 GREENBANK COTTAGES lies on this distribution: 25% of detached houses houses are smaller than 1 GREENBANK COTTAGES, and 74% of houses are larger. Note that EPC data is not available for all properties in Uplyme.

1 GREENBANK COTTAGES: Plot and Title Map

1 GREENBANK COTTAGES sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 GREENBANK COTTAGES, 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 1 GREENBANK COTTAGES). 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 1 GREENBANK COTTAGES?

1 GREENBANK COTTAGES is located on VENLAKE LANE in UPLYME, in the DT7 postcode district. The below map shows the position of 1 GREENBANK COTTAGES on VENLAKE LANE.