20, CHAPEL LANE, HORRABRIDGE, YELVERTON, PL20 7SP - £225,000

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.

20 CHAPEL LANE is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £347,325. It was last sold for £225,000 in May 2014, which was around 24% below the average May 2014 detached price in the West Devon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

20 CHAPEL LANE Sold Prices

Land registry data shows two sales for 20 CHAPEL 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 West Devon local authority area for the corresponding sale date. Both of the two 20 CHAPEL 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
2014 7 MAY	£225,000	£297,094	24% below HPI
2008 22 FEB	£250,000	£307,383	19% below HPI

20 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two 20 CHAPEL LANE sales from February 2008 and May 2014 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 February 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 20 CHAPEL LANE be worth now?

20 CHAPEL LANE might now be worth an estimated £347,325.

This is based on house price inflation of 54.4%, between May 2014 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.4% inflationary increase is applied to the most recent sale price for 20 CHAPEL LANE of £225,000 on 7th May 2014. For the value to have increased from £225,000 to £347,325 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 20 CHAPEL LANE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The May 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CHAPEL LANE has not materially changed since May 2014.

How Large is 20 CHAPEL LANE?

20 CHAPEL LANE is 100m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horrabridge, and where 20 CHAPEL LANE lies on this distribution: 35% of detached houses houses are smaller than 20 CHAPEL LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.

20 CHAPEL LANE: Plot and Title Map

20 CHAPEL LANE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 20 CHAPEL 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 20 CHAPEL 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 20 CHAPEL LANE?

20 CHAPEL LANE is located in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of No. 20 on CHAPEL LANE.