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
8 SOUTHLEA is a small semi-detached house of 85m², built sometime from 2007 onwards. It was last sold for £265,000 in November 2015, which was around 14% below the average November 2015 detached price in the North Devon local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 SOUTHLEA since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 8 SOUTHLEA 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 25 NOV | £265,000 | £308,753 | 14% below HPI |
2013 24 MAY | £237,000 | £267,186 | 11% below HPI |
2005 14 DEC | £209,000 | £258,870 | 19% below HPI |
The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three 8 SOUTHLEA sales between December 2005 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 May 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
8 SOUTHLEA is 85m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Braunton, based on EPC data. The below chart shows the distribution of detached houses by size in Braunton, and where 8 SOUTHLEA lies on this distribution: 31% of detached houses are smaller than 8 SOUTHLEA, and 68% of houses are larger. Note that EPC data is not available for all properties in Braunton.
8 SOUTHLEA sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 8 SOUTHLEA, 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 8 SOUTHLEA). 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.
8 SOUTHLEA is located in BRAUNTON, in the EX33 postcode district. The below map shows the position of No. 8 on SOUTHLEA.