1, NEW ROAD, LIFTON, PL16 0AG - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 NEW ROAD is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £328,464. It was last sold for £265,000 in April 2019, which was around 29% below the average April 2019 detached price in the West Devon local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

1 NEW ROAD Sold Prices

Land registry data shows two sales for 1 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two 1 NEW ROAD 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
2019 12 APR	£265,000	£371,137	29% below HPI
2018 10 APR	£258,500	£347,465	26% below HPI

1 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two 1 NEW ROAD sales from April 2018 and April 2019 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 April 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 NEW ROAD be worth now?

1 NEW ROAD might now be worth an estimated £328,464.

This is based on house price inflation of 23.9%, between April 2019 and December 2024, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 1 NEW ROAD of £265,000 on 12th April 2019. For the value to have increased from £265,000 to £328,464 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 1 NEW ROAD has moved in line with the HPI for detached houses in the West Devon local authority area.
• The April 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEW ROAD has not materially changed since April 2019.

How Large is 1 NEW ROAD?

1 NEW ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses houses in Lifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lifton, and where 1 NEW ROAD lies on this distribution: 29% of detached houses houses are smaller than 1 NEW ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Lifton.

1 NEW ROAD: Plot and Title Map

1 NEW ROAD sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 1 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

1 NEW ROAD is located in LIFTON, in the PL16 postcode district. The below map shows the position of No. 1 on NEW ROAD.