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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SOUTHAM is a large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £260,000 in August 2015, which was around 17% 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	£313,900	17% below HPI
2009 10 JUL	£225,000	£253,552	11% below HPI
1997 2 JUN	£85,000	£82,524	3% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where SOUTHAM lies on this distribution: 67% of detached 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.