DARES FARMHOUSE, ELM FARM LANE, COLYFORD, COLYTON, EX24 6QS - £420,000

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

DARES FARMHOUSE is a large extended detached house of 157m², built sometime before 1900. It was last sold for £420,000 in May 2017, which was around 8% above the average May 2017 detached price in the East Devon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

DARES FARMHOUSE Sold Prices

Land registry data shows two sales for DARES FARMHOUSE 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 DARES FARMHOUSE 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
2017 9 MAY	£420,000	£390,554	8% above HPI
1999 12 APR	£167,500	£117,156	43% above HPI

DARES FARMHOUSE 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 DARES FARMHOUSE sales from April 1999 and May 2017 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 1999 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is DARES FARMHOUSE?

DARES FARMHOUSE is 157m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses by size in Colyford, and where DARES FARMHOUSE lies on this distribution: 76% of detached houses are smaller than DARES FARMHOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Colyford.

DARES FARMHOUSE: Plot and Title Map

DARES FARMHOUSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of DARES FARMHOUSE, 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 DARES FARMHOUSE). 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 DARES FARMHOUSE?

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