THE EXCHANGE, BEDFORD STREET, BERE ALSTON, YELVERTON, PL20 7DF - £130,000

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

THE EXCHANGE is a small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £130,000 in January 2016, which was around 59% below the average January 2016 detached price in the West Devon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

THE EXCHANGE Sold Prices

Land registry data shows five sales for THE EXCHANGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the five THE EXCHANGE 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
2016 29 JAN	£130,000	£320,246	59% below HPI
2008 31 OCT	£175,000	£301,639	42% below HPI
2007 23 MAR	£153,000	£290,634	47% below HPI
2005 31 MAR	£99,500	£266,802	63% below HPI
2004 15 JUN	£85,000	£259,624	67% below HPI

THE EXCHANGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The five THE EXCHANGE sales between June 2004 and January 2016 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 October 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2016 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is THE EXCHANGE?

THE EXCHANGE is 74m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses in Bere Alston, based on EPC data. The below chart shows the distribution of detached houses by size in Bere Alston, and where THE EXCHANGE lies on this distribution: 26% of detached houses are smaller than THE EXCHANGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bere Alston.

THE EXCHANGE: Plot and Title Map

THE EXCHANGE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of THE EXCHANGE, 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 THE EXCHANGE). 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 THE EXCHANGE?

THE EXCHANGE is located on BEDFORD STREET in BERE ALSTON, in the PL20 postcode district. The below map shows the position of THE EXCHANGE on BEDFORD STREET.