LARKHILL, DEVON HOUSE DRIVE, BOVEY TRACEY, NEWTON ABBOT, TQ13 9HA - £515,000

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.

LARKHILL is a very large detached house of 175m², built sometime between 1967 and 1975, which could now be worth an estimated £643,573. It was last sold for £515,000 in July 2019, which was around 38% above the average July 2019 detached price in the Teignbridge local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

LARKHILL Sold Prices

Land registry data shows two sales for LARKHILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two LARKHILL 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
2019 11 JUL	£515,000	£374,073	38% above HPI
2009 26 FEB	£345,000	£253,491	36% above HPI

LARKHILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two LARKHILL sales from February 2009 and July 2019 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 February 2009 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might LARKHILL be worth now?

LARKHILL might now be worth an estimated £643,573.

This is based on house price inflation of 25%, between July 2019 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25% inflationary increase is applied to the most recent sale price for LARKHILL of £515,000 on 11th July 2019. For the value to have increased from £515,000 to £643,573 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of LARKHILL has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The July 2019 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of LARKHILL has not materially changed since July 2019.

How Large is LARKHILL?

LARKHILL is 175m² according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses houses in Bovey Tracey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovey Tracey, and where LARKHILL lies on this distribution: 90% of detached houses houses are smaller than LARKHILL, and 10% of houses are larger. Note that EPC data is not available for all properties in Bovey Tracey.

LARKHILL: Plot and Title Map

LARKHILL sits on a plot of roughly 0.405 of an acre, or 1,639m². The below map shows the location of LARKHILL, 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 LARKHILL). 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 LARKHILL?

LARKHILL is located on DEVON HOUSE DRIVE in BOVEY TRACEY, in the TQ13 postcode district. The below map shows the position of LARKHILL on DEVON HOUSE DRIVE.