5, GREAT LANE, MALBOROUGH, KINGSBRIDGE, TQ7 3SA - £418,000

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.

5 GREAT LANE is a small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £520,406. It was last sold for £418,000 in August 2020, which was around 11% below the average August 2020 detached price in the South Hams local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

5 GREAT LANE Sold Prices

Land registry data shows three sales for 5 GREAT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three 5 GREAT 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
2020 14 AUG	£418,000	£468,867	11% below HPI
2012 25 JUN	£280,000	£367,066	24% below HPI
2010 15 JUL	£250,000	£376,176	34% below HPI

5 GREAT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 5 GREAT LANE sales between July 2010 and August 2020 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 June 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 GREAT LANE be worth now?

5 GREAT LANE might now be worth an estimated £520,406.

This is based on house price inflation of 24.5%, between August 2020 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 5 GREAT LANE of £418,000 on 14th August 2020. For the value to have increased from £418,000 to £520,406 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 5 GREAT LANE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The August 2020 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREAT LANE has not materially changed since August 2020.

How Large is 5 GREAT LANE?

5 GREAT LANE is 96m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Malborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Malborough, and where 5 GREAT LANE lies on this distribution: 33% of detached houses houses are smaller than 5 GREAT LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Malborough.

5 GREAT LANE: Plot and Title Map

5 GREAT LANE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 5 GREAT 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 5 GREAT 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.

Where is 5 GREAT LANE?

5 GREAT LANE is located in MALBOROUGH, in the TQ7 postcode district. The below map shows the position of No. 5 on GREAT LANE.