THE LEAP, HORRABRIDGE, YELVERTON, PL20 7QE - £131,000

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 LEAP is a large extended detached house of 153m², built sometime between 1967 and 1975. It was last sold for £131,000 in November 1999, which was around 11% above the average November 1999 detached price in the West Devon local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

THE LEAP Sold Prices

Land registry data shows two sales for THE LEAP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. Both of the two THE LEAP 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
1999 26 NOV	£131,000	£118,146	11% above HPI
1996 22 MAR	£92,500	£80,305	15% above HPI

THE LEAP 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 two THE LEAP sales from March 1996 and November 1999 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 March 1996 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 1999 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE LEAP?

THE LEAP is 153m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Horrabridge, based on EPC data. The below chart shows the distribution of detached houses by size in Horrabridge, and where THE LEAP lies on this distribution: 77% of detached houses are smaller than THE LEAP, and 23% of houses are larger. Note that EPC data is not available for all properties in Horrabridge.

THE LEAP: Plot and Title Map

THE LEAP sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of THE LEAP, 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 LEAP). 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 LEAP?

THE LEAP is located in HORRABRIDGE, in the PL20 postcode district. The below map shows the position of THE LEAP in HORRABRIDGE.