50, GREENWAY LANE, BUDLEIGH SALTERTON, EX9 6SL - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

50 GREENWAY LANE is a very small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £285,000 in November 2015, which was around 26% below the average November 2015 detached price in the East Devon local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

50 GREENWAY LANE Sold Prices

Land registry data shows two sales for 50 GREENWAY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 50 GREENWAY 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
2015 30 NOV	£285,000	£383,587	26% below HPI
2009 16 JUN	£242,500	£311,592	22% below HPI

50 GREENWAY LANE 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 two 50 GREENWAY LANE sales from June 2009 and November 2015 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 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 50 GREENWAY LANE be worth now?

50 GREENWAY LANE might now be worth an estimated £403,377.

This is based on house price inflation of 41.5%, between November 2015 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 50 GREENWAY LANE of £285,000 on 30th November 2015. For the value to have increased from £285,000 to £403,377 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 50 GREENWAY LANE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 50 GREENWAY LANE has not materially changed since November 2015.

How Large is 50 GREENWAY LANE?

50 GREENWAY LANE is 84m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Budleigh Salterton, and where 50 GREENWAY LANE lies on this distribution: 9% of detached houses houses are smaller than 50 GREENWAY LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

50 GREENWAY LANE: Plot and Title Map

50 GREENWAY LANE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 50 GREENWAY 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 50 GREENWAY 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 50 GREENWAY LANE?

50 GREENWAY LANE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 50 on GREENWAY LANE.