19, THE ELMS, COLYFORD, COLYTON, EX24 6QU - £525,000

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.

19 THE ELMS is a very large extended detached house of 180m², built sometime between 1950 and 1966, which could now be worth an estimated £620,920. It was last sold for £525,000 in February 2021, which was around 15% above the average February 2021 detached price in the East Devon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

19 THE ELMS Sold Prices

Land registry data shows three sales for 19 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Two of the three 19 THE ELMS sales were for above the average price, whilst one was 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
2021 22 FEB	£525,000	£456,517	15% above HPI
2003 14 NOV	£240,000	£270,398	11% below HPI
1997 2 MAY	£105,000	£102,306	3% above HPI

19 THE ELMS 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 three 19 THE ELMS sales between May 1997 and February 2021 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 November 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 19 THE ELMS be worth now?

19 THE ELMS might now be worth an estimated £620,920.

This is based on house price inflation of 18.3%, between February 2021 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 18.3% inflationary increase is applied to the most recent sale price for 19 THE ELMS of £525,000 on 22nd February 2021. For the value to have increased from £525,000 to £620,920 over the four years to February 2025, the following assumptions must hold true:

• The value of 19 THE ELMS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 19 THE ELMS has not materially changed since February 2021.

How Large is 19 THE ELMS?

19 THE ELMS is 180m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colyford, and where 19 THE ELMS lies on this distribution: 83% of detached houses houses are smaller than 19 THE ELMS, and 17% of houses are larger. Note that EPC data is not available for all properties in Colyford.

19 THE ELMS: Plot and Title Map

19 THE ELMS sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 19 THE ELMS, 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 19 THE ELMS). 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 19 THE ELMS?

19 THE ELMS is located in COLYFORD, in the EX24 postcode district. The below map shows the position of No. 19 on THE ELMS.