CRAIGLEA, PLYMOUTH ROAD, HORRABRIDGE, YELVERTON, PL20 7RL - £87,000

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

CRAIGLEA is a small extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £87,000 in October 2001, which was around 45% below the average October 2001 detached price in the West Devon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was A.

CRAIGLEA Sold Prices

Land registry data shows two sales for CRAIGLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two CRAIGLEA 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
2001 19 OCT	£87,000	£157,384	45% below HPI
1998 25 JUN	£62,500	£101,579	38% below HPI

CRAIGLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The two CRAIGLEA sales from June 1998 and October 2001 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 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2001 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is CRAIGLEA?

CRAIGLEA is 86m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses by size in Horrabridge, and where CRAIGLEA lies on this distribution: 22% of detached houses are smaller than CRAIGLEA, and 78% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.

CRAIGLEA: Plot and Title Map

CRAIGLEA sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of CRAIGLEA, 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 CRAIGLEA). 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 CRAIGLEA?

CRAIGLEA is located on PLYMOUTH ROAD in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of CRAIGLEA on PLYMOUTH ROAD.