ELMBANK, OAK HILL, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DW - £825,000

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

ELMBANK is a very large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £825,000 in August 2021, which was around 84% above the average August 2021 detached price in the East Devon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

ELMBANK Sold Prices

Land registry data shows three sales for ELMBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three ELMBANK 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
2021 31 AUG	£825,000	£448,309	84% above HPI
2009 20 AUG	£380,000	£306,391	24% above HPI
2001 2 FEB	£185,000	£156,563	18% above HPI

ELMBANK 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 three ELMBANK sales between February 2001 and August 2021 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 August 2009 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2021 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is ELMBANK?

ELMBANK is 195m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Budleigh, and where ELMBANK lies on this distribution: 81% of detached houses are smaller than ELMBANK, and 19% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

ELMBANK: Plot and Title Map

ELMBANK sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of ELMBANK, 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 ELMBANK). 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 ELMBANK?

ELMBANK is located on OAK HILL in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of ELMBANK on OAK HILL.