PENDENE, GLEBE LANE, HOLSWORTHY, EX22 6AL - £248,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENDENE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £270,839. It was last sold for £248,000 in September 2021, which was around 32% below the average September 2021 detached price in the Torridge local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

PENDENE Sold Prices

Land registry data shows two sales for PENDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two PENDENE sales were for below 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
2021 10 SEP	£248,000	£365,732	32% below HPI
2001 10 AUG	£107,500	£132,339	19% below HPI

PENDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two PENDENE sales from August 2001 and September 2021 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 August 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might PENDENE be worth now?

PENDENE might now be worth an estimated £270,839.

This is based on house price inflation of 9.2%, between September 2021 and December 2024, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for PENDENE of £248,000 on 10th September 2021. For the value to have increased from £248,000 to £270,839 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of PENDENE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The September 2021 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of PENDENE has not materially changed since September 2021.

How Large is PENDENE?

PENDENE is 86m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses houses in Holsworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holsworthy, and where PENDENE lies on this distribution: 26% of detached houses houses are smaller than PENDENE, and 74% of houses are larger. Note that EPC data is not available for all properties in Holsworthy.

PENDENE: Plot and Title Map

PENDENE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of PENDENE, 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 PENDENE). 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 PENDENE?

PENDENE is located on GLEBE LANE in HOLSWORTHY, in the EX22 postcode district. The below map shows the position of PENDENE on GLEBE LANE.