WEST LYN, WEST DOWN, ILFRACOMBE, EX34 8NF - £237,500

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.

WEST LYN is a very small extended detached house of 105m², built sometime between 1930 and 1949, which could now be worth an estimated £316,976. It was last sold for £237,500 in March 2018, which was around 29% below the average March 2018 detached price in the North Devon local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

WEST LYN Sold Prices

Land registry data shows two sales for WEST LYN 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. Both of the two WEST LYN sales were 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
2018 23 MAR	£237,500	£332,967	29% below HPI
2012 30 MAR	£205,000	£274,175	25% below HPI

WEST LYN 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 WEST LYN sales from March 2012 and March 2018 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might WEST LYN be worth now?

WEST LYN might now be worth an estimated £316,976.

This is based on house price inflation of 33.5%, between March 2018 and March 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for WEST LYN of £237,500 on 23rd March 2018. For the value to have increased from £237,500 to £316,976 over the seven years to March 2025, the following assumptions must hold true:

• The value of WEST LYN has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2018 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of WEST LYN has not materially changed since March 2018.

How Large is WEST LYN?

WEST LYN is 105m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses houses in West Down, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Down, and where WEST LYN lies on this distribution: 16% of detached houses houses are smaller than WEST LYN, and 84% of houses are larger. Note that EPC data is not available for all properties in West Down.

WEST LYN: Plot and Title Map

WEST LYN sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of WEST LYN, 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 WEST LYN). 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 WEST LYN?

WEST LYN is located in WEST DOWN, in the EX34 postcode district. The below map shows the position of WEST LYN in WEST DOWN.