THE LAURELS, SHARPHAM DRIVE, TOTNES, TQ9 5HE - £635,000

THE LAURELS is a large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £635,000 in July 2015, which was around 60% above the average July 2015 detached price in the South Hams local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two THE LAURELS 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
2015 15 JUL	£635,000	£397,208	60% above HPI
1999 29 MAR	£137,000	£123,275	11% above 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 two THE LAURELS sales from March 1999 and July 2015 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 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 164m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses in Totnes, based on EPC data. The below chart shows the distribution of detached houses by size in Totnes, and where THE LAURELS lies on this distribution: 78% of detached houses are smaller than THE LAURELS, and 22% of houses are larger. Note that EPC data is not available for all properties in Totnes.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.210 of an acre, or 848m². 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 on SHARPHAM DRIVE in TOTNES, in the TQ9 postcode district. The below map shows the position of THE LAURELS on SHARPHAM DRIVE.