THE OLD GOSPEL HALL, THE BUTTS, COLYTON, EX24 6NU - £315,000

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.

THE OLD GOSPEL HALL is a very large extended detached house of 209m², built sometime between 1991 and 1995, which could now be worth an estimated £499,225. It was last sold for £315,000 in May 2012, which was around 8% below the average May 2012 detached price in the East Devon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

THE OLD GOSPEL HALL Sold Prices

Land registry data shows four sales for THE OLD GOSPEL HALL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. two of the four THE OLD GOSPEL HALL sales were for below the average price, and four 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
2012 21 MAY	£315,000	£340,681	8% below HPI
2011 24 FEB	£320,000	£333,744	4% below HPI
1999 15 OCT	£155,000	£132,487	17% above HPI
1995 23 OCT	£111,000	£95,882	16% above HPI

THE OLD GOSPEL HALL Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four THE OLD GOSPEL HALL sales between October 1995 and May 2012 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 February 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might THE OLD GOSPEL HALL be worth now?

THE OLD GOSPEL HALL might now be worth an estimated £499,225.

This is based on house price inflation of 58.5%, between May 2012 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.5% inflationary increase is applied to the most recent sale price for THE OLD GOSPEL HALL of £315,000 on 21st May 2012. For the value to have increased from £315,000 to £499,225 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of THE OLD GOSPEL HALL has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2012 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD GOSPEL HALL has not materially changed since May 2012.

How Large is THE OLD GOSPEL HALL?

THE OLD GOSPEL HALL is 209m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses houses in Colyton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colyton, and where THE OLD GOSPEL HALL lies on this distribution: 98% of detached houses houses are smaller than THE OLD GOSPEL HALL, and 2% of houses are larger. Note that EPC data is not available for all properties in Colyton.

THE OLD GOSPEL HALL: Plot and Title Map

THE OLD GOSPEL HALL sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of THE OLD GOSPEL HALL, 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 OLD GOSPEL HALL). 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 OLD GOSPEL HALL?

THE OLD GOSPEL HALL is located on THE BUTTS in COLYTON, in the EX24 postcode district. The below map shows the position of THE OLD GOSPEL HALL on THE BUTTS.