2, CHURCH ELM LANE, COLYFORD, COLYTON, EX24 6TW - £435,000

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.

2 CHURCH ELM LANE is a large detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £615,955. It was last sold for £435,000 in May 2016, which was around 14% above the average May 2016 detached price in the East Devon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was A.

2 CHURCH ELM LANE Sold Prices

Land registry data shows two sales for 2 CHURCH ELM 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 2 CHURCH ELM 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
2016 31 MAY	£435,000	£381,306	14% above HPI
1999 8 NOV	£172,500	£134,501	28% above HPI

2 CHURCH ELM 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 2 CHURCH ELM LANE sales from November 1999 and May 2016 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 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 CHURCH ELM LANE be worth now?

2 CHURCH ELM LANE might now be worth an estimated £615,955.

This is based on house price inflation of 41.6%, between May 2016 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 41.6% inflationary increase is applied to the most recent sale price for 2 CHURCH ELM LANE of £435,000 on 31st May 2016. For the value to have increased from £435,000 to £615,955 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CHURCH ELM LANE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2016 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHURCH ELM LANE has not materially changed since May 2016.

How Large is 2 CHURCH ELM LANE?

2 CHURCH ELM LANE is 151m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 2 CHURCH ELM LANE lies on this distribution: 75% of detached houses houses are smaller than 2 CHURCH ELM LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Colyford.

2 CHURCH ELM LANE: Plot and Title Map

2 CHURCH ELM LANE sits on a plot of roughly 0.312 of an acre, or 1,263m². The below map shows the location of 2 CHURCH ELM 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 2 CHURCH ELM 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 2 CHURCH ELM LANE?

2 CHURCH ELM LANE is located in COLYFORD, in the EX24 postcode district. The below map shows the position of No. 2 on CHURCH ELM LANE.