POUND PLACE, LOWER BUDLEIGH, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DL - £486,000

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.

POUND PLACE is a large extended detached house of 154m², built sometime between 1950 and 1966, which could now be worth an estimated £516,228. It was last sold for £486,000 in October 2021, which was about the average October 2021 detached price in the East Devon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

POUND PLACE Sold Prices

Land registry data shows three sales for POUND PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. The three POUND PLACE sales were a mix of roughly equal to the average price, and 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
2021 29 OCT	£486,000	£485,776	Close to HPI
2002 2 JUL	£275,000	£218,202	26% above HPI
1996 20 SEP	£134,000	£98,644	36% above HPI

POUND PLACE 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 three POUND PLACE sales between September 1996 and October 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 July 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might POUND PLACE be worth now?

POUND PLACE might now be worth an estimated £516,228.

This is based on house price inflation of 6.2%, between October 2021 and July 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% inflationary increase is applied to the most recent sale price for POUND PLACE of £486,000 on 29th October 2021. For the value to have increased from £486,000 to £516,228 over the four years and three months to July 2025, the following assumptions must hold true:

• The value of POUND PLACE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2021 sale price of £486,000 represented a fair market value for the property.
• The size, condition, and specification of POUND PLACE has not materially changed since October 2021.

How Large is POUND PLACE?

POUND PLACE is 154m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Budleigh, and where POUND PLACE lies on this distribution: 75% of detached houses houses are smaller than POUND PLACE, and 25% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

POUND PLACE: Plot and Title Map

POUND PLACE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of POUND PLACE, 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 POUND PLACE). 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 POUND PLACE?

POUND PLACE is located on LOWER BUDLEIGH in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of POUND PLACE on LOWER BUDLEIGH.