COLYBANK, ELM FARM LANE, COLYFORD, COLYTON, EX24 6QS - £449,000

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

COLYBANK is a large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £449,000 in December 2016, which was around 16% above the average December 2016 detached price in the East Devon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was C.

COLYBANK Sold Prices

Land registry data shows four sales for COLYBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. two of the four COLYBANK sales were for above the average price, and four 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
2016 6 DEC	£449,000	£386,661	16% above HPI
2007 2 APR	£350,000	£318,437	10% above HPI
2006 10 MAR	£250,000	£297,971	16% below HPI
2005 29 JUL	£244,000	£289,127	16% below HPI

COLYBANK 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 four COLYBANK sales between July 2005 and December 2016 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 April 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is COLYBANK?

COLYBANK is 136m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 COLYBANK lies on this distribution: 69% of detached houses are smaller than COLYBANK, and 31% of houses are larger. Note that EPC data is not available for all properties in Colyford.

COLYBANK: Plot and Title Map

COLYBANK sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of COLYBANK, 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 COLYBANK). 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 COLYBANK?

COLYBANK is located on ELM FARM LANE in COLYFORD, in the EX24 postcode district. The below map shows the position of COLYBANK on ELM FARM LANE.