6A, PENLEE, BUDLEIGH SALTERTON, EX9 6BP - £349,950

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.

6A PENLEE is a small detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £483,896. It was last sold for £349,950 in October 2016, which was around 10% below the average October 2016 detached price in the East Devon local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

6A PENLEE Sold Prices

Land registry data shows two sales for 6A PENLEE 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 6A PENLEE 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 31 OCT	£349,950	£390,470	10% below HPI
2010 15 MAR	£280,000	£337,756	17% below HPI

6A PENLEE 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 6A PENLEE sales from March 2010 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 March 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 6A PENLEE be worth now?

6A PENLEE might now be worth an estimated £483,896.

This is based on house price inflation of 38.3%, between October 2016 and February 2025, 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 38.3% inflationary increase is applied to the most recent sale price for 6A PENLEE of £349,950 on 31st October 2016. For the value to have increased from £349,950 to £483,896 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 6A PENLEE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2016 sale price of £349,950 represented a fair market value for the property.
• The size, condition, and specification of 6A PENLEE has not materially changed since October 2016.

How Large is 6A PENLEE?

6A PENLEE is 120m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 30% 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 6A PENLEE lies on this distribution: 28% of detached houses houses are smaller than 6A PENLEE, and 72% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

6A PENLEE: Plot and Title Map

6A PENLEE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 6A PENLEE, 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 6A PENLEE). 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 6A PENLEE?

6A PENLEE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 6A on PENLEE.