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

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

MEAD BARN is a midsized extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £480,000 in April 2022, which was around 13% 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	£554,280	13% below HPI
2010 10 JUN	£347,500	£376,471	8% below HPI
2005 8 JUL	£368,000	£321,452	14% above HPI
1996 28 NOV	£116,000	£106,121	9% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Loddiswell, based on EPC data. The below chart shows the distribution of detached houses by size in Loddiswell, and where MEAD BARN lies on this distribution: 49% of detached 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.