RIVER LEA, COURTLANDS LANE, EXMOUTH, EX8 5AB - £1,205,000

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.

RIVER LEA is a very large detached house of 452m², built in 2024, which could now be worth an estimated £1,782,062. It was last sold for £1,205,000 in January 2015, which was around 230% above the average January 2015 detached price in the East Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was A, and the potential energy rating was A.

RIVER LEA Sold Prices

Land registry data shows two sales for RIVER LEA 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 RIVER LEA 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 20 JAN	£1,205,000	£365,088	230% above HPI
2012 23 MAY	£1,310,000	£340,681	285% above HPI

RIVER LEA 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 RIVER LEA sales from May 2012 and January 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 May 2012 sale was for 285% above the HPI. So the extrapolation line tracks at 285% above the HPI over time, until the January 2015 sale, where it falls to 230% above the HPI. The line then continues to track at 230% above the HPI.

What might RIVER LEA be worth now?

RIVER LEA might now be worth an estimated £1,782,062.

This is based on house price inflation of 47.9%, between January 2015 and February 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 47.9% inflationary increase is applied to the most recent sale price for RIVER LEA of £1,205,000 on 20th January 2015. For the value to have increased from £1,205,000 to £1,782,062 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of RIVER LEA has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2015 sale price of £1,205,000 represented a fair market value for the property.
• The size, condition, and specification of RIVER LEA has not materially changed since January 2015.

How Large is RIVER LEA?

RIVER LEA is 452m² according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses houses in Lympstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lympstone, and where RIVER LEA lies on this distribution: More than 99% of detached houses houses are smaller than RIVER LEA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

RIVER LEA: Plot and Title Map

RIVER LEA sits on a plot of roughly 0.827 of an acre, or 3,347m². The below map shows the location of RIVER LEA, 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 RIVER LEA). 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 RIVER LEA?

RIVER LEA is located on COURTLANDS LANE in EXMOUTH, in the EX8 postcode district. The below map shows the position of RIVER LEA on COURTLANDS LANE.