1, PARK LANE, BUDLEIGH SALTERTON, EX9 6QT - £560,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PARK LANE is a midsized detached house of 157m², built sometime between 1967 and 1975. It was last sold for £560,000 in February 2014, which was around 65% above the average February 2014 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 two sales for 1 PARK LANE 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 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
2014 10 FEB	£560,000	£338,901	65% above HPI
1996 24 APR	£190,000	£93,181	104% 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 two 1 PARK LANE sales from April 1996 and February 2014 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 1996 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the February 2014 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

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 in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses by size in Budleigh Salterton, and where 1 PARK LANE lies on this distribution: 56% of detached 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.