WATERGATE, LONGBROOK LANE, LYMPSTONE, EXMOUTH, EX8 5BE - £1,135,000

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

WATERGATE is a large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £1,135,000 in September 2023, which was around 117% above the average September 2023 detached price in the East Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

WATERGATE Sold Prices

Land registry data shows two sales for WATERGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two WATERGATE 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
2023 14 SEP	£1,135,000	£523,770	117% above HPI
2007 12 JAN	£525,000	£317,143	66% above HPI

WATERGATE 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 two WATERGATE sales from January 2007 and September 2023 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 January 2007 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the September 2023 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is WATERGATE?

WATERGATE is 165m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Lympstone, based on EPC data. The below chart shows the distribution of detached houses by size in Lympstone, and where WATERGATE lies on this distribution: 63% of detached houses are smaller than WATERGATE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

WATERGATE: Plot and Title Map

WATERGATE sits on a plot of roughly 0.841 of an acre, or 3,403m². The below map shows the location of WATERGATE, 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 WATERGATE). 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 WATERGATE?

WATERGATE is located on LONGBROOK LANE in LYMPSTONE, in the EX8 postcode district. The below map shows the position of WATERGATE on LONGBROOK LANE.