THE HAVEN, FIVE LANES ROAD, MARLDON, PAIGNTON, TQ3 1NQ - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE HAVEN is a very large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £345,000 in May 2016, which was around 19% below the average May 2016 detached price in the South Hams local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

THE HAVEN Sold Prices

Land registry data shows two sales for THE HAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. One of the two THE HAVEN sales was for below the average price, whilst the other 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
2016 19 MAY	£345,000	£428,161	19% below HPI
1997 13 NOV	£127,000	£118,784	7% above HPI

THE HAVEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two THE HAVEN sales from November 1997 and May 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 November 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is THE HAVEN?

THE HAVEN is 165m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Marldon, based on EPC data. The below chart shows the distribution of detached houses by size in Marldon, and where THE HAVEN lies on this distribution: 83% of detached houses are smaller than THE HAVEN, and 16% of houses are larger. Note that EPC data is not available for all properties in Marldon.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of THE HAVEN, 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 HAVEN). 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 HAVEN?

THE HAVEN is located on FIVE LANES ROAD in MARLDON, in the TQ3 postcode district. The below map shows the position of THE HAVEN on FIVE LANES ROAD.