THE LAURELS, THE DOWN, BERE ALSTON, YELVERTON, PL20 7HG - £402,000

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.

THE LAURELS is a very large extended detached house of 158m², built sometime between 1930 and 1949, which could now be worth an estimated £494,690. It was last sold for £402,000 in April 2021, which was around 4% above the average April 2021 detached price in the West Devon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was D.

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 West Devon 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
2021 16 APR	£402,000	£385,707	4% above HPI
2015 17 JUN	£300,000	£313,414	4% below HPI
1997 20 OCT	£107,500	£98,671	9% above HPI

THE LAURELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three THE LAURELS sales between October 1997 and April 2021 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 June 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £494,690.

This is based on house price inflation of 23.1%, between April 2021 and June 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for THE LAURELS of £402,000 on 16th April 2021. For the value to have increased from £402,000 to £494,690 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the West Devon local authority area.
• The April 2021 sale price of £402,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since April 2021.

How Large is THE LAURELS?

THE LAURELS is 158m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Bere Alston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bere Alston, and where THE LAURELS lies on this distribution: 86% of detached houses houses are smaller than THE LAURELS, and 13% of houses are larger. Note that EPC data is not available for all properties in Bere Alston.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.319 of an acre, or 1,289m². 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 THE DOWN in BERE ALSTON, in the PL20 postcode district. The below map shows the position of THE LAURELS on THE DOWN.