VINE LODGE, MILL ROAD, FREMINGTON, BARNSTAPLE, EX31 3BD - £550,000

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

VINE LODGE is a very large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £550,000 in July 2024, which was around 25% above the average July 2024 detached price in the North Devon local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was A.

VINE LODGE Sold Prices

Land registry data shows two sales for VINE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. One of the two VINE LODGE sales was for above the average price, whilst the other was 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
2024 2 JUL	£550,000	£440,125	25% above HPI
2006 1 NOV	£225,000	£269,803	17% below HPI

VINE LODGE 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 two VINE LODGE sales from November 2006 and July 2024 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is VINE LODGE?

VINE LODGE is 143m² according to the EPC inspection conducted in January 2023. This puts it in the largest 20% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where VINE LODGE lies on this distribution: 88% of detached houses are smaller than VINE LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Fremington.

VINE LODGE: Plot and Title Map

VINE LODGE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of VINE LODGE, 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 VINE LODGE). 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 VINE LODGE?

VINE LODGE is located on MILL ROAD in FREMINGTON, in the EX31 postcode district. The below map shows the position of VINE LODGE on MILL ROAD.