2, GRATTONS DRIVE, LYNTON, EX35 6LW - £300,000

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 GRATTONS DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £300,000 in September 2022, which was around 34% below the average September 2022 detached price in the North Devon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

2 GRATTONS DRIVE Sold Prices

Land registry data shows three sales for 2 GRATTONS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 2 GRATTONS DRIVE 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
2022 29 SEP	£300,000	£455,520	34% below HPI
1999 30 NOV	£71,950	£112,592	36% below HPI
1997 11 JUL	£56,500	£85,916	34% below HPI

2 GRATTONS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three 2 GRATTONS DRIVE sales between July 1997 and September 2022 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 GRATTONS DRIVE?

2 GRATTONS DRIVE is 66m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Lynton, based on EPC data. The below chart shows the distribution of detached houses by size in Lynton, and where 2 GRATTONS DRIVE lies on this distribution: 4% of detached houses are smaller than 2 GRATTONS DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lynton.

2 GRATTONS DRIVE: Plot and Title Map

2 GRATTONS DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 GRATTONS DRIVE, 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 GRATTONS DRIVE). 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 GRATTONS DRIVE?

2 GRATTONS DRIVE is located in LYNTON, in the EX35 postcode district. The below map shows the position of No. 2 on GRATTONS DRIVE.