2, CRANES LANE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DZ - £205,000

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

2 CRANES LANE is a very small detached house of 71m², built sometime before 1900. It was last sold for £205,000 in February 2011, which was around 37% below the average February 2011 detached price in the East Devon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

2 CRANES LANE Sold Prices

Land registry data shows two sales for 2 CRANES 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 CRANES 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
2011 14 FEB	£205,000	£324,197	37% below HPI
1998 27 MAR	£68,750	£107,188	36% below HPI

2 CRANES 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 CRANES LANE sales from March 1998 and February 2011 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 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2011 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 CRANES LANE?

2 CRANES LANE is 71m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Budleigh, and where 2 CRANES LANE lies on this distribution: 5% of detached houses are smaller than 2 CRANES LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

2 CRANES LANE: Plot and Title Map

2 CRANES LANE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 2 CRANES 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 CRANES 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 CRANES LANE?

2 CRANES LANE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 2 on CRANES LANE.