HIGHER LEY, WOOD LANE, SLAPTON, KINGSBRIDGE, TQ7 2QX - £1,550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HIGHER LEY is a large extended detached house of 185m². It was last sold for £1,550,000 in January 2021, which was around 208% above the average January 2021 detached price in the South Hams local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

HIGHER LEY Sold Prices

Land registry data shows two sales for HIGHER LEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two HIGHER LEY 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 26 JAN	£1,550,000	£502,437	208% above HPI
2016 30 MAR	£760,000	£446,352	70% above HPI

HIGHER LEY 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 two HIGHER LEY sales from March 2016 and January 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 March 2016 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the January 2021 sale, where it rises to 208% above the HPI. The line then continues to track at 208% above the HPI.

How Large is HIGHER LEY?

HIGHER LEY is 185m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Slapton, based on EPC data. The below chart shows the distribution of detached houses by size in Slapton, and where HIGHER LEY lies on this distribution: 70% of detached houses are smaller than HIGHER LEY, and 30% of houses are larger. Note that EPC data is not available for all properties in Slapton.

HIGHER LEY: Plot and Title Map

HIGHER LEY sits on a plot of roughly 0.652 of an acre, or 2,640m². The below map shows the location of HIGHER LEY, 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 HIGHER LEY). 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 HIGHER LEY?

HIGHER LEY is located on WOOD LANE in SLAPTON, in the TQ7 postcode district. The below map shows the position of HIGHER LEY on WOOD LANE.