124, POUND LANE, EXMOUTH, EX8 3LE - £340,000

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

124 POUND LANE is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £340,000 in October 2022, which was around 35% below the average October 2022 detached price in the East Devon local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

124 POUND LANE Sold Prices

Land registry data shows four sales for 124 POUND LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 124 POUND 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
2022 3 OCT	£340,000	£525,130	35% below HPI
2019 18 MAR	£310,000	£436,026	29% below HPI
2001 21 MAY	£128,000	£161,231	21% below HPI
1998 21 OCT	£84,500	£115,456	27% below HPI

124 POUND 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 four 124 POUND LANE sales between October 1998 and October 2022 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 March 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 124 POUND LANE?

124 POUND LANE is 95m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 124 POUND LANE lies on this distribution: 38% of detached houses are smaller than 124 POUND LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

124 POUND LANE: Plot and Title Map

124 POUND LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 124 POUND 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 124 POUND 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 124 POUND LANE?

124 POUND LANE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 124 on POUND LANE.