17, PARK LANE, BUDLEIGH SALTERTON, EX9 6QT - £650,000

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.

17 PARK LANE is a midsized detached house of 140m², which could now be worth an estimated £781,860. It was last sold for £650,000 in March 2019, which was around 45% above the average March 2019 detached price in the East Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

17 PARK LANE Sold Prices

Land registry data shows two sales for 17 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 17 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
2019 13 MAR	£650,000	£448,867	45% above HPI
2016 1 MAR	£615,000	£379,872	62% above HPI

17 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 17 PARK LANE sales from March 2016 and March 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 2016 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2019 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 17 PARK LANE be worth now?

17 PARK LANE might now be worth an estimated £781,860.

This is based on house price inflation of 20.3%, between March 2019 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 20.3% inflationary increase is applied to the most recent sale price for 17 PARK LANE of £650,000 on 13th March 2019. For the value to have increased from £650,000 to £781,860 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 17 PARK LANE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2019 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PARK LANE has not materially changed since March 2019.

How Large is 17 PARK LANE?

17 PARK LANE is 140m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 17 PARK LANE lies on this distribution: 44% of detached houses houses are smaller than 17 PARK LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

17 PARK LANE: Plot and Title Map

17 PARK LANE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 17 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 17 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 17 PARK LANE?

17 PARK LANE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 17 on PARK LANE.