1, PARK LANE, BUDLEIGH SALTERTON, EX9 6QT - £885,000

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 PARK LANE is a midsized detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £894,260. It was last sold for £885,000 in October 2024, which was around 66% above the average October 2024 detached price in the East Devon local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was C.

1 PARK LANE Sold Prices

Land registry data shows three sales for 1 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 1 PARK LANE sales were for above 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
2024 3 OCT	£885,000	£534,334	66% above HPI
2014 10 FEB	£560,000	£348,882	61% above HPI
1996 24 APR	£190,000	£95,925	98% above HPI

1 PARK LANE 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 three 1 PARK LANE sales between April 1996 and October 2024 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 February 2014 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2024 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 1 PARK LANE be worth now?

1 PARK LANE might now be worth an estimated £894,260.

This is based on house price inflation of 1%, between October 2024 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 1% inflationary increase is applied to the most recent sale price for 1 PARK LANE of £885,000 on 3rd October 2024. For the value to have increased from £885,000 to £894,260 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 PARK LANE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2024 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PARK LANE has not materially changed since October 2024.

How Large is 1 PARK LANE?

1 PARK LANE is 157m² according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Budleigh Salterton, and where 1 PARK LANE lies on this distribution: 56% of detached houses houses are smaller than 1 PARK LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

1 PARK LANE: Plot and Title Map

1 PARK LANE sits on a plot of roughly 0.220 of an acre, or 890m². The below map shows the location of 1 PARK LANE, 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 PARK LANE). 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 PARK LANE?

1 PARK LANE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 1 on PARK LANE.