SOUTHAM, TANNERS ROAD, LANDKEY, BARNSTAPLE, EX32 0NQ - £260,000

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.

SOUTHAM is a large extended detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £360,129. It was last sold for £260,000 in August 2015, which was around 19% below the average August 2015 detached price in the North Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

SOUTHAM Sold Prices

Land registry data shows three sales for SOUTHAM 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. Two of the three SOUTHAM sales were for below the average price, whilst one was 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 7 AUG	£260,000	£321,374	19% below HPI
2009 10 JUL	£225,000	£259,589	13% below HPI
1997 2 JUN	£85,000	£84,489	1% above HPI

SOUTHAM 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 SOUTHAM sales between June 1997 and August 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 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might SOUTHAM be worth now?

SOUTHAM might now be worth an estimated £360,129.

This is based on house price inflation of 38.5%, between August 2015 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 38.5% inflationary increase is applied to the most recent sale price for SOUTHAM of £260,000 on 7th August 2015. For the value to have increased from £260,000 to £360,129 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of SOUTHAM has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHAM has not materially changed since August 2015.

How Large is SOUTHAM?

SOUTHAM is 131m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landkey, and where SOUTHAM lies on this distribution: 67% of detached houses houses are smaller than SOUTHAM, and 33% of houses are larger. Note that EPC data is not available for all properties in Landkey.

SOUTHAM: Plot and Title Map

SOUTHAM sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of SOUTHAM, 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 SOUTHAM). 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 SOUTHAM?

SOUTHAM is located on TANNERS ROAD in LANDKEY, in the EX32 postcode district. The below map shows the position of SOUTHAM on TANNERS ROAD.