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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Wellspring, Lifton is a modern freehold house with 2,163 ft2 of internal area and sits on a 1,007 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Wellspring, Lifton is £636,129 and the estimated rental value is £1,836 per month.
Chillaton, Lifton, PL16 is located in the borough of West Devon within the PL16 postal district.
Wellspring, Lifton has 31 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Wellspring, Lifton is in very good condition we estimate a sale value of £667,936 and a rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £591,600 and a rental value of £1,707 per month.
Over the last 12 months the sale value of Wellspring Lifton has increased by an estimated £13,139 (2.1%) and its rental value has increased by an estimated £51 per month (2.8%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, Wellspring, Lifton sits on a plot of 1007m2.
We have plot size data on 16 out of 20 other houses in the postcode and Wellspring, Lifton sits on the 10th largest plot.
Wellspring, Lifton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
According to HM Land Registry, Wellspring, Lifton was last sold on 13th June 2016 for £435,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2016, the market for similar properties has risen 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wellspring, Lifton within a radius of 6.2 kilometres over the last 2 years.
The most recent example is Amberley, Lifton, PL16 0HS, a freehold house which sold for £525,000 on the 5th October 2023.
Read more about house prices in PL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chillaton, Lifton, PL16 has a total of 116 addresses. According to our analysis of all the public data, Wellspring, Lifton is the 26th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £329k more expensive than the average property in PL16.
The closest station to Wellspring, Lifton is Gunnislake station which is 11.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Wellspring, Lifton, 48.9% of property is privately owned outright and 28.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Wellspring, Lifton, 15.1% of residents are recorded as possessing school level qualifications and 36.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Wellspring, Lifton, the average age was 48.1 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Wellspring, Lifton, 1.2% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Wellspring, Lifton, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
