GREYSTONES, LEAT ROAD, LIFTON, PL16 0AE - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREYSTONES is a very large detached house of 189m², built sometime between 2003 and 2006, which could now be worth an estimated £559,295. It was last sold for £410,000 in April 2017, which was around 22% above the average April 2017 detached price in the West Devon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was A.

GREYSTONES Sold Prices

Land registry data shows two sales for GREYSTONES 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 GREYSTONES 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 10 APR	£410,000	£336,194	22% above HPI
2006 27 NOV	£355,500	£299,979	19% above HPI

GREYSTONES 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 GREYSTONES sales from November 2006 and April 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 November 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2017 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might GREYSTONES be worth now?

GREYSTONES might now be worth an estimated £559,295.

This is based on house price inflation of 36.4%, between April 2017 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.4% inflationary increase is applied to the most recent sale price for GREYSTONES of £410,000 on 10th April 2017. For the value to have increased from £410,000 to £559,295 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of GREYSTONES has moved in line with the HPI for detached houses in the West Devon local authority area.
• The April 2017 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of GREYSTONES has not materially changed since April 2017.

How Large is GREYSTONES?

GREYSTONES is 189m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses houses in Lifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lifton, and where GREYSTONES lies on this distribution: 90% of detached houses houses are smaller than GREYSTONES, and 10% of houses are larger. Note that EPC data is not available for all properties in Lifton.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located on LEAT ROAD in LIFTON, in the PL16 postcode district. The below map shows the position of GREYSTONES on LEAT ROAD.