THE STORE, GILLS NURSERY, TOTNES, TQ9 5DG - £360,000

THE STORE is a very small extended detached house of 63m², built sometime between 1996 and 2002. It was last sold for £360,000 in September 2021, which was around 28% below the average September 2021 detached price in the South Hams local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

THE STORE Sold Prices

Land registry data shows five sales for THE STORE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Most of the five THE STORE 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
2021 29 SEP	£360,000	£501,699	28% below HPI
2006 3 MAY	£280,000	£341,605	18% below HPI
2003 2 JAN	£200,000	£264,209	24% below HPI
2000 26 SEP	£170,000	£162,456	5% above HPI
1999 20 APR	£92,000	£124,755	26% below HPI

THE STORE 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 five THE STORE sales between April 1999 and September 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 May 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE STORE?

THE STORE is 63m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 STORE lies on this distribution: 5% of detached houses are smaller than THE STORE, and 95% of houses are larger. Note that EPC data is not available for all properties in Totnes.

THE STORE: Plot and Title Map

THE STORE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of THE STORE, 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 STORE). 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 STORE?

THE STORE is located on GILLS NURSERY in TOTNES, in the TQ9 postcode district. The below map shows the position of THE STORE on GILLS NURSERY.