MEADOWBANK, GEORGEHAM, BRAUNTON, EX33 1JN - £533,000

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.

MEADOWBANK is a large extended detached house of 148m², built sometime between 1976 and 1982, which could now be worth an estimated £664,569. It was last sold for £533,000 in May 2020, which was around 49% above the average May 2020 detached price in the North Devon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

MEADOWBANK Sold Prices

Land registry data shows three sales for MEADOWBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three MEADOWBANK 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
2020 29 MAY	£533,000	£357,012	49% above HPI
2009 18 NOV	£361,000	£273,630	32% above HPI
1997 30 MAY	£135,000	£85,219	58% above HPI

MEADOWBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three MEADOWBANK sales between May 1997 and May 2020 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 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2020 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might MEADOWBANK be worth now?

MEADOWBANK might now be worth an estimated £664,569.

This is based on house price inflation of 24.7%, between May 2020 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for MEADOWBANK of £533,000 on 29th May 2020. For the value to have increased from £533,000 to £664,569 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of MEADOWBANK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2020 sale price of £533,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWBANK has not materially changed since May 2020.

How Large is MEADOWBANK?

MEADOWBANK is 148m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses houses in Georgeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Georgeham, and where MEADOWBANK lies on this distribution: 70% of detached houses houses are smaller than MEADOWBANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Georgeham.

MEADOWBANK: Plot and Title Map

MEADOWBANK sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of MEADOWBANK, 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 MEADOWBANK). 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 MEADOWBANK?

MEADOWBANK is located in GEORGEHAM, in the EX33 postcode district. The below map shows the position of MEADOWBANK in GEORGEHAM.