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
48 LANGATON LANE is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £327,500 in August 2019, which was around 28% below the average August 2019 detached price in the Exeter local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 48 LANGATON LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Both of the two 48 LANGATON 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 |
---|---|---|---|
2019 9 AUG | £327,500 | £455,605 | 28% below HPI |
2014 1 OCT | £320,000 | £374,272 | 15% below HPI |
The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two 48 LANGATON LANE sales from October 2014 and August 2019 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
48 LANGATON LANE is 118m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 48 LANGATON LANE lies on this distribution: 52% of detached houses are smaller than 48 LANGATON LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Exeter.
48 LANGATON LANE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 48 LANGATON 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 48 LANGATON 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.
48 LANGATON LANE is located in EXETER, in the EX1 postcode district. The below map shows the position of No. 48 on LANGATON LANE.