GLEN RAE, BRIXTON, PLYMOUTH, PL8 2AH - £425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GLEN RAE is a midsized detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £418,182. It was last sold for £425,000 in February 2024, which was around 27% below the average February 2024 detached price in the South Hams local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

GLEN RAE Sold Prices

Land registry data shows three sales for GLEN RAE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three GLEN RAE 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
2024 7 FEB	£425,000	£585,049	27% below HPI
2016 12 MAY	£296,000	£436,321	32% below HPI
2003 25 JUL	£185,000	£279,732	34% below HPI

GLEN RAE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three GLEN RAE sales between July 2003 and February 2024 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 May 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might GLEN RAE be worth now?

GLEN RAE might now be worth an estimated £418,182.

This is based on house price deflation of 1.6%, between February 2024 and December 2024, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% deflationary decrease is applied to the most recent sale price for GLEN RAE of £425,000 on 7th February 2024. For the value to have decreased from £425,000 to £418,182 over the two months to December 2024, the following assumptions must hold true:

• The value of GLEN RAE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The February 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of GLEN RAE has not materially changed since February 2024.

How Large is GLEN RAE?

GLEN RAE is 135m² according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses houses in Brixton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brixton, and where GLEN RAE lies on this distribution: 57% of detached houses houses are smaller than GLEN RAE, and 43% of houses are larger. Note that EPC data is not available for all properties in Brixton.

GLEN RAE: Plot and Title Map

GLEN RAE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of GLEN RAE, 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 GLEN RAE). 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 GLEN RAE?

GLEN RAE is located in BRIXTON, in the PL8 postcode district. The below map shows the position of GLEN RAE in BRIXTON.