HIGHGROVE, VICTORIA PLACE, BUDLEIGH SALTERTON, EX9 6JP - £575,000

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

HIGHGROVE is a small detached house of 119m², built sometime between 1976 and 1982. It was last sold for £575,000 in February 2021, which was around 30% above the average February 2021 detached price in the East Devon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

HIGHGROVE Sold Prices

Land registry data shows two sales for HIGHGROVE 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 HIGHGROVE 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 19 FEB	£575,000	£443,457	30% above HPI
2012 11 JAN	£475,000	£333,346	42% above HPI

HIGHGROVE 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 HIGHGROVE sales from January 2012 and February 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 January 2012 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is HIGHGROVE?

HIGHGROVE is 119m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses by size in Budleigh Salterton, and where HIGHGROVE lies on this distribution: 28% of detached houses are smaller than HIGHGROVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

HIGHGROVE: Plot and Title Map

HIGHGROVE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of HIGHGROVE, 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 HIGHGROVE). 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 HIGHGROVE?

HIGHGROVE is located on VICTORIA PLACE in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of HIGHGROVE on VICTORIA PLACE.