ADY AR, LEIGH ROAD, CHULMLEIGH, EX18 7BL - £280,000

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.

ADY AR is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £316,590. It was last sold for £280,000 in October 2020, which was around 29% below the average October 2020 detached price in the North Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

ADY AR Sold Prices

Land registry data shows three sales for ADY AR since 1^st 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 ADY AR 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 23 OCT	£280,000	£393,030	29% below HPI
2015 17 JUL	£229,500	£318,305	28% below HPI
2014 25 JUL	£125,000	£291,221	57% below HPI

ADY AR Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three ADY AR sales between July 2014 and October 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 July 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might ADY AR be worth now?

ADY AR might now be worth an estimated £316,590.

This is based on house price inflation of 13.1%, between October 2020 and March 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for ADY AR of £280,000 on 23rd October 2020. For the value to have increased from £280,000 to £316,590 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of ADY AR has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of ADY AR has not materially changed since October 2020.

How Large is ADY AR?

ADY AR is 70m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Chulmleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chulmleigh, and where ADY AR lies on this distribution: 6% of detached houses houses are smaller than ADY AR, and 92% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

ADY AR: Plot and Title Map

ADY AR sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of ADY AR, 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 ADY AR). 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 ADY AR?

ADY AR is located on LEIGH ROAD in CHULMLEIGH, in the EX18 postcode district. The below map shows the position of ADY AR on LEIGH ROAD.