LEAT COTTAGE, LEAT ROAD, LIFTON, PL16 0AE - £280,000

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.

LEAT COTTAGE is a very large extended semi-detached house of 239m², built sometime between 1967 and 1975, which could now be worth an estimated £530,703. It was last sold for £280,000 in February 2004, which was around 72% above the average February 2004 semi-detached price in the West Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was D.

LEAT COTTAGE Sold Prices

Land registry data shows three sales for LEAT COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Devon local authority area for the corresponding sale date. All of the three LEAT COTTAGE 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
2004 2 FEB	£280,000	£162,387	72% above HPI
2003 28 NOV	£250,000	£148,351	69% above HPI
1996 31 MAY	£89,000	£54,919	62% above HPI

LEAT COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Devon local authority area over time, sourced from the HPI. The three LEAT COTTAGE sales between May 1996 and February 2004 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 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the February 2004 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might LEAT COTTAGE be worth now?

LEAT COTTAGE might now be worth an estimated £530,703.

This is based on house price inflation of 89.5%, between February 2004 and February 2025, for semi-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 89.5% inflationary increase is applied to the most recent sale price for LEAT COTTAGE of £280,000 on 2nd February 2004. For the value to have increased from £280,000 to £530,703 over the 21 years to February 2025, the following assumptions must hold true:

• The value of LEAT COTTAGE has moved in line with the HPI for semi-detached houses in the West Devon local authority area.
• The February 2004 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of LEAT COTTAGE has not materially changed since February 2004.

How Large is LEAT COTTAGE?

LEAT COTTAGE is 239m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of semi-detached houses houses in Lifton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lifton, and where LEAT COTTAGE lies on this distribution: 96% of semi-detached houses houses are smaller than LEAT COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Lifton.

LEAT COTTAGE: Plot and Title Map

LEAT COTTAGE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of LEAT COTTAGE, 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 LEAT COTTAGE). 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 LEAT COTTAGE?

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