3, SOUTHLEA, BRAUNTON, EX33 2HN - £245,000

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.

3 SOUTHLEA is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £346,512. It was last sold for £245,000 in February 2016, which was around 22% below the average February 2016 detached price in the North Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

3 SOUTHLEA Sold Prices

Land registry data shows two sales for 3 SOUTHLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 3 SOUTHLEA 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
2016 9 FEB	£245,000	£314,734	22% below HPI
1995 25 SEP	£53,500	£79,196	32% below HPI

3 SOUTHLEA 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 two 3 SOUTHLEA sales from September 1995 and February 2016 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 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 SOUTHLEA be worth now?

3 SOUTHLEA might now be worth an estimated £346,512.

This is based on house price inflation of 41.4%, between February 2016 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.4% inflationary increase is applied to the most recent sale price for 3 SOUTHLEA of £245,000 on 9th February 2016. For the value to have increased from £245,000 to £346,512 over the nine years to February 2025, the following assumptions must hold true:

• The value of 3 SOUTHLEA has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTHLEA has not materially changed since February 2016.

How Large is 3 SOUTHLEA?

3 SOUTHLEA is 73m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Braunton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braunton, and where 3 SOUTHLEA lies on this distribution: 12% of detached houses houses are smaller than 3 SOUTHLEA, and 87% of houses are larger. Note that EPC data is not available for all properties in Braunton.

3 SOUTHLEA: Plot and Title Map

3 SOUTHLEA sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 3 SOUTHLEA, 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 SOUTHLEA). 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 SOUTHLEA?

3 SOUTHLEA is located in BRAUNTON, in the EX33 postcode district. The below map shows the position of No. 3 on SOUTHLEA.