BEARS PATCH, FAIR VIEW LANE, COLYFORD, COLYTON, EX24 6QX - £560,000

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

BEARS PATCH is a large detached house of 135m², built sometime between 2007 and 2011. It was last sold for £560,000 in February 2024, which was around 9% above the average February 2024 detached price in the East Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

BEARS PATCH Sold Prices

Land registry data shows two sales for BEARS PATCH 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 BEARS PATCH sales were for above 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
2024 5 FEB	£560,000	£512,750	9% above HPI
2017 28 JUN	£485,500	£388,564	25% above HPI

BEARS PATCH 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 BEARS PATCH sales from June 2017 and February 2024 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 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is BEARS PATCH?

BEARS PATCH is 135m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses by size in Colyford, and where BEARS PATCH lies on this distribution: 68% of detached houses are smaller than BEARS PATCH, and 32% of houses are larger. Note that EPC data is not available for all properties in Colyford.

BEARS PATCH: Plot and Title Map

BEARS PATCH sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of BEARS PATCH, 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 BEARS PATCH). 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 BEARS PATCH?

BEARS PATCH is located on FAIR VIEW LANE in COLYFORD, in the EX24 postcode district. The below map shows the position of BEARS PATCH on FAIR VIEW LANE.