12, SLOE LANE, LANDKEY, BARNSTAPLE, EX32 0UF - £250,000

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.

12 SLOE LANE is a very small detached house of 63m², built sometime between 2003 and 2006, which could now be worth an estimated £311,978. It was last sold for £250,000 in June 2019, which was around 30% below the average June 2019 detached price in the North Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

12 SLOE LANE Sold Prices

Land registry data shows two sales for 12 SLOE 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 North Devon local authority area for the corresponding sale date. Both of the two 12 SLOE LANE 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 21 JUN	£250,000	£356,707	30% below HPI
2003 16 APR	£40,000	£200,674	80% below HPI

12 SLOE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 12 SLOE LANE sales from April 2003 and June 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 2003 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the June 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 12 SLOE LANE be worth now?

12 SLOE LANE might now be worth an estimated £311,978.

This is based on house price inflation of 24.8%, between June 2019 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 12 SLOE LANE of £250,000 on 21st June 2019. For the value to have increased from £250,000 to £311,978 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 12 SLOE LANE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SLOE LANE has not materially changed since June 2019.

How Large is 12 SLOE LANE?

12 SLOE LANE is 63m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landkey, and where 12 SLOE LANE lies on this distribution: 1% of detached houses houses are smaller than 12 SLOE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Landkey.

12 SLOE LANE: Plot and Title Map

12 SLOE LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 12 SLOE 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 12 SLOE 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 12 SLOE LANE?

12 SLOE LANE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 12 on SLOE LANE.