3, SOUTHLANDS DRIVE, LANGTREE, TORRINGTON, EX38 8RH - £415,000

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 SOUTHLANDS DRIVE is a very large extended detached house of 213m², built sometime between 1996 and 2002. It was last sold for £415,000 in May 2024, which was around 2% above the average May 2024 detached price in the Torridge local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

3 SOUTHLANDS DRIVE Sold Prices

Land registry data shows four sales for 3 SOUTHLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four 3 SOUTHLANDS DRIVE 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
2024 7 MAY	£415,000	£407,469	2% above HPI
2009 6 FEB	£345,000	£239,890	44% above HPI
2006 20 MAR	£310,000	£252,568	23% above HPI
2002 25 OCT	£235,000	£184,344	27% above HPI

3 SOUTHLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The four 3 SOUTHLANDS DRIVE sales between October 2002 and May 2024 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 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 SOUTHLANDS DRIVE?

3 SOUTHLANDS DRIVE is 213m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Langtree, based on EPC data. The below chart shows the distribution of detached houses by size in Langtree, and where 3 SOUTHLANDS DRIVE lies on this distribution: 90% of detached houses are smaller than 3 SOUTHLANDS DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Langtree.

3 SOUTHLANDS DRIVE: Plot and Title Map

3 SOUTHLANDS DRIVE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 3 SOUTHLANDS 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 3 SOUTHLANDS 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 3 SOUTHLANDS DRIVE?

3 SOUTHLANDS DRIVE is located in LANGTREE, in the EX38 postcode district. The below map shows the position of No. 3 on SOUTHLANDS DRIVE.