MEAD BARN, TOWNS LANE, LODDISWELL, KINGSBRIDGE, TQ7 4QY - £480,000

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.

MEAD BARN is a midsized extended detached house of 123m², built sometime between 1976 and 1982, which could now be worth an estimated £496,053. It was last sold for £480,000 in April 2022, which was around 15% below the average April 2022 detached price in the South Hams local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

MEAD BARN Sold Prices

Land registry data shows four sales for MEAD BARN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. two of the four MEAD BARN sales were for below the average price, and four 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
2022 28 APR	£480,000	£564,844	15% below HPI
2010 10 JUN	£347,500	£383,646	9% below HPI
2005 8 JUL	£368,000	£327,578	12% above HPI
1996 28 NOV	£116,000	£108,144	7% above HPI

MEAD BARN 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 four MEAD BARN sales between November 1996 and April 2022 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 June 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might MEAD BARN be worth now?

MEAD BARN might now be worth an estimated £496,053.

This is based on house price inflation of 3.3%, between April 2022 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for MEAD BARN of £480,000 on 28th April 2022. For the value to have increased from £480,000 to £496,053 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of MEAD BARN has moved in line with the HPI for detached houses in the South Hams local authority area.
• The April 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of MEAD BARN has not materially changed since April 2022.

How Large is MEAD BARN?

MEAD BARN is 123m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses houses in Loddiswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loddiswell, and where MEAD BARN lies on this distribution: 49% of detached houses houses are smaller than MEAD BARN, and 51% of houses are larger. Note that EPC data is not available for all properties in Loddiswell.

MEAD BARN: Plot and Title Map

MEAD BARN sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of MEAD BARN, 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 MEAD BARN). 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 MEAD BARN?

MEAD BARN is located on TOWNS LANE in LODDISWELL, in the TQ7 postcode district. The below map shows the position of MEAD BARN on TOWNS LANE.