3, GREAT LANE, MALBOROUGH, KINGSBRIDGE, TQ7 3SA - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GREAT LANE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £265,000 in March 2011, which was around 28% below the average March 2011 detached price in the South Hams local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

3 GREAT LANE Sold Prices

Land registry data shows three sales for 3 GREAT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 3 GREAT 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 15 MAR	£265,000	£368,716	28% below HPI
1999 21 SEP	£120,000	£137,094	12% below HPI
1998 20 FEB	£77,500	£117,432	34% below HPI

3 GREAT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 3 GREAT LANE sales between February 1998 and March 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 September 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 GREAT LANE?

3 GREAT LANE is 71m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Malborough, based on EPC data. The below chart shows the distribution of detached houses by size in Malborough, and where 3 GREAT LANE lies on this distribution: 5% of detached houses are smaller than 3 GREAT LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Malborough.

3 GREAT LANE: Plot and Title Map

3 GREAT LANE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 3 GREAT 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 3 GREAT 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 3 GREAT LANE?

3 GREAT LANE is located in MALBOROUGH, in the TQ7 postcode district. The below map shows the position of No. 3 on GREAT LANE.