CLOUDS REACH, BURGMANNS HILL, LYMPSTONE, EXMOUTH, EX8 5HP - £3,100,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CLOUDS REACH is a very large detached house of 384m². It was last sold for £3,100,000 in September 2023, which was around 492% above the average September 2023 detached price in the East Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was A, and the potential energy rating was A.

CLOUDS REACH Sold Prices

Land registry data shows two sales for CLOUDS REACH 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. One of the two CLOUDS REACH sales was for above the average price, whilst the other was 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
2023 1 SEP	£3,100,000	£523,770	492% above HPI
2017 16 FEB	£265,000	£391,657	32% below HPI

CLOUDS REACH 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 CLOUDS REACH sales from February 2017 and September 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 February 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2023 sale, where it rises to 492% above the HPI. The line then continues to track at 492% above the HPI.

How Large is CLOUDS REACH?

CLOUDS REACH is 384m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Lympstone, based on EPC data. The below chart shows the distribution of detached houses by size in Lympstone, and where CLOUDS REACH lies on this distribution: 97% of detached houses are smaller than CLOUDS REACH, and 3% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

CLOUDS REACH: Plot and Title Map

CLOUDS REACH sits on a plot of roughly 0.663 of an acre, or 2,682m². The below map shows the location of CLOUDS REACH, 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 CLOUDS REACH). 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 CLOUDS REACH?

CLOUDS REACH is located on BURGMANNS HILL in LYMPSTONE, in the EX8 postcode district. The below map shows the position of CLOUDS REACH on BURGMANNS HILL.