LOTHLORIEN, CHILSWORTHY, HOLSWORTHY, EX22 7JQ - £230,000

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.

LOTHLORIEN is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £317,068. It was last sold for £230,000 in February 2016, which was around 21% below the average February 2016 detached price in the Torridge local authority area. The most recent EPC inspection was October 2015, where the current energy rating was F, and the potential energy rating was A.

LOTHLORIEN Sold Prices

Land registry data shows two sales for LOTHLORIEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two LOTHLORIEN 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
2016 26 FEB	£230,000	£292,493	21% below HPI
2013 23 OCT	£170,000	£260,596	35% below HPI

LOTHLORIEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two LOTHLORIEN sales from October 2013 and February 2016 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 October 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might LOTHLORIEN be worth now?

LOTHLORIEN might now be worth an estimated £317,068.

This is based on house price inflation of 37.9%, between February 2016 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.9% inflationary increase is applied to the most recent sale price for LOTHLORIEN of £230,000 on 26th February 2016. For the value to have increased from £230,000 to £317,068 over the nine years to February 2025, the following assumptions must hold true:

• The value of LOTHLORIEN has moved in line with the HPI for detached houses in the Torridge local authority area.
• The February 2016 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of LOTHLORIEN has not materially changed since February 2016.

How Large is LOTHLORIEN?

LOTHLORIEN is 78m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Chilsworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilsworthy, and where LOTHLORIEN lies on this distribution: 3% of detached houses houses are smaller than LOTHLORIEN, and 97% of houses are larger. Note that EPC data is not available for all properties in Chilsworthy.

LOTHLORIEN: Plot and Title Map

LOTHLORIEN sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of LOTHLORIEN, 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 LOTHLORIEN). 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 LOTHLORIEN?

LOTHLORIEN is located in CHILSWORTHY, in the EX22 postcode district. The below map shows the position of LOTHLORIEN in CHILSWORTHY.