4, PALMER MEWS, BUDLEIGH SALTERTON, EX9 6JJ - £445,000

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

4 PALMER MEWS is a very small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £445,000 in January 2016, which was around 20% above the average January 2016 detached price in the East Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

4 PALMER MEWS Sold Prices

Land registry data shows four sales for 4 PALMER MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 4 PALMER MEWS 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
2016 14 JAN	£445,000	£370,449	20% above HPI
2012 11 OCT	£420,900	£333,626	26% above HPI
2003 9 DEC	£285,000	£263,409	8% above HPI
2001 10 MAY	£225,000	£161,231	40% above HPI

4 PALMER MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four 4 PALMER MEWS sales between May 2001 and January 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 October 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2016 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 4 PALMER MEWS?

4 PALMER MEWS is 94m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of detached houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses by size in Budleigh Salterton, and where 4 PALMER MEWS lies on this distribution: 15% of detached houses are smaller than 4 PALMER MEWS, and 85% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

4 PALMER MEWS: Plot and Title Map

4 PALMER MEWS sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 4 PALMER MEWS, 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 4 PALMER MEWS). 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 4 PALMER MEWS?

4 PALMER MEWS is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 4 on PALMER MEWS.