BURY LODGE, KINGSALE ROAD, SALCOMBE, TQ8 8AS - £675,000

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

BURY LODGE is a very small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £675,000 in July 2023, which was around 16% above the average July 2023 detached price in the South Hams local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

BURY LODGE Sold Prices

Land registry data shows two sales for BURY LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two BURY LODGE 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
2023 14 JUL	£675,000	£582,239	16% above HPI
2019 2 MAY	£475,000	£444,735	7% above HPI

BURY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two BURY LODGE sales from May 2019 and July 2023 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 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is BURY LODGE?

BURY LODGE is 100m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where BURY LODGE lies on this distribution: 18% of detached houses are smaller than BURY LODGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

BURY LODGE: Plot and Title Map

BURY LODGE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of BURY LODGE, 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 BURY LODGE). 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 BURY LODGE?

BURY LODGE is located on KINGSALE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of BURY LODGE on KINGSALE ROAD.