54A, GRANARY LANE, BUDLEIGH SALTERTON, EX9 6ES - £174,000

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

54A GRANARY LANE is a very small detached house of 35m², built sometime between 1950 and 1966. It was last sold for £174,000 in October 2016, which was around 54% below the average October 2016 detached price in the East Devon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

54A GRANARY LANE Sold Prices

Land registry data shows four sales for 54A GRANARY LANE 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 54A GRANARY 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
2016 7 OCT	£174,000	£379,300	54% below HPI
2015 25 JUN	£150,000	£361,949	59% below HPI
2006 4 AUG	£129,500	£307,236	58% below HPI
2004 12 MAR	£117,500	£268,182	56% below HPI

54A GRANARY 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 four 54A GRANARY LANE sales between March 2004 and October 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 June 2015 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the October 2016 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 54A GRANARY LANE?

54A GRANARY LANE is 35m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 54A GRANARY LANE lies on this distribution: Less than 1% of detached houses are smaller than 54A GRANARY LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

54A GRANARY LANE: Plot and Title Map

54A GRANARY LANE sits on a plot of roughly 0.011 of an acre, or 43m². The below map shows the location of 54A GRANARY 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 54A GRANARY 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 54A GRANARY LANE?

54A GRANARY LANE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 54A on GRANARY LANE.