NORTH BANK, SOWDEN LANE, LYMPSTONE, EXMOUTH, EX8 5HE - £565,000

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

NORTH BANK is a midsized detached house of 139m², built sometime between 1967 and 1975. It was last sold for £565,000 in June 2015, which was around 56% above the average June 2015 detached price in the East Devon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

NORTH BANK Sold Prices

Land registry data shows two sales for NORTH BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two NORTH BANK 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
2015 5 JUN	£565,000	£361,949	56% above HPI
2006 26 JUL	£420,000	£306,137	37% above HPI

NORTH BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two NORTH BANK sales from July 2006 and June 2015 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 July 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is NORTH BANK?

NORTH BANK is 139m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Lympstone, based on EPC data. The below chart shows the distribution of detached houses by size in Lympstone, and where NORTH BANK lies on this distribution: 45% of detached houses are smaller than NORTH BANK, and 54% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

NORTH BANK: Plot and Title Map

NORTH BANK sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of NORTH BANK, 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 NORTH BANK). 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 NORTH BANK?

NORTH BANK is located on SOWDEN LANE in LYMPSTONE, in the EX8 postcode district. The below map shows the position of NORTH BANK on SOWDEN LANE.