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

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

3 SOUTHLEA is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2016, which was around 20% 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	£307,414	20% below HPI
1995 25 SEP	£53,500	£77,354	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Braunton, based on EPC data. The below chart shows the distribution of detached houses by size in Braunton, and where 3 SOUTHLEA lies on this distribution: 11% of detached 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.