HOME FARM, WOOD LANE, SLAPTON, KINGSBRIDGE, TQ7 2QX - £1,300,000

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

HOME FARM is a midsized detached house of 160m², built sometime between 1976 and 1982. It was last sold for £1,300,000 in February 2021, which was around 159% above the average February 2021 detached price in the South Hams local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

HOME FARM Sold Prices

Land registry data shows two sales for HOME FARM 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 HOME FARM 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 FEB	£1,300,000	£502,231	159% above HPI
2016 21 MAR	£850,000	£446,352	90% above HPI

HOME FARM 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 HOME FARM sales from March 2016 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 March 2016 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the February 2021 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.

How Large is HOME FARM?

HOME FARM is 160m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Slapton, based on EPC data. The below chart shows the distribution of detached houses by size in Slapton, and where HOME FARM lies on this distribution: 59% of detached houses are smaller than HOME FARM, and 39% of houses are larger. Note that EPC data is not available for all properties in Slapton.

HOME FARM: Plot and Title Map

HOME FARM sits on a plot of roughly 5.7 acres, or 23,258m². The below map shows the location of HOME FARM, 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 HOME FARM). 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 HOME FARM?

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