HILLCREST, WOOD LANE, SLAPTON, KINGSBRIDGE, TQ7 2QX - £1,600,000

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.

HILLCREST is a very large detached house of 308m², which could now be worth an estimated £1,821,671. It was last sold for £1,600,000 in October 2020, which was around 212% above the average October 2020 detached price in the South Hams local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows three sales for HILLCREST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three HILLCREST 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
2020 2 OCT	£1,600,000	£512,703	212% above HPI
2019 8 JAN	£1,500,000	£477,196	214% above HPI
2007 7 AUG	£575,000	£391,990	47% above HPI

HILLCREST Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three HILLCREST sales between August 2007 and October 2020 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 2019 sale was for 214% above the HPI. So the extrapolation line tracks at 214% above the HPI over time, until the October 2020 sale, where it falls to 212% above the HPI. The line then continues to track at 212% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £1,821,671.

This is based on house price inflation of 13.9%, between October 2020 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for HILLCREST of £1,600,000 on 2nd October 2020. For the value to have increased from £1,600,000 to £1,821,671 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the South Hams local authority area.
• The October 2020 sale price of £1,600,000 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since October 2020.

How Large is HILLCREST?

HILLCREST is 308m² according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses houses in Slapton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slapton, and where HILLCREST lies on this distribution: More than 99% of detached houses houses are smaller than HILLCREST, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Slapton.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.544 of an acre, or 2,201m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on WOOD LANE in SLAPTON, in the TQ7 postcode district. The below map shows the position of HILLCREST on WOOD LANE.