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
16 CHAPEL LANE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £279,950 in July 2019, which was around 23% below the average July 2019 detached price in the West Devon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 16 CHAPEL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three 16 CHAPEL 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 5 JUL | £279,950 | £362,053 | 23% below HPI |
2013 21 MAR | £220,000 | £279,407 | 21% below HPI |
2006 18 DEC | £250,000 | £291,790 | 14% below HPI |
The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three 16 CHAPEL LANE sales between December 2006 and July 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 March 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
16 CHAPEL LANE is 77m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses by size in Horrabridge, and where 16 CHAPEL LANE lies on this distribution: 12% of detached houses are smaller than 16 CHAPEL LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.
16 CHAPEL LANE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 16 CHAPEL 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 16 CHAPEL 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.
16 CHAPEL LANE is located in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of No. 16 on CHAPEL LANE.