THE LAURELS, RINGMORE, KINGSBRIDGE, TQ7 4HR - £640,000

THE LAURELS is a midsized extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £640,000 in November 2019, which was around 32% above the average November 2019 detached price in the South Hams local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS 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. Two of the three THE LAURELS sales were for above the average price, whilst one 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
2019 11 NOV	£640,000	£483,584	32% above HPI
2007 8 MAR	£420,000	£358,063	17% above HPI
1995 14 DEC	£85,000	£94,588	10% below HPI

THE LAURELS 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 THE LAURELS sales between December 1995 and November 2019 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 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 137m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Ringmore, based on EPC data. The below chart shows the distribution of detached houses by size in Ringmore, and where THE LAURELS lies on this distribution: 50% of detached houses are smaller than THE LAURELS, and 50% of houses are larger. Note that EPC data is not available for all properties in Ringmore.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.312 of an acre, or 1,262m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located in RINGMORE, in the TQ7 postcode district. The below map shows the position of THE LAURELS in RINGMORE.