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House Prices in PL16

The average house price in PL16 (Lifton) is £355,000 using HM Land Registry data.

The average property price increased by £99,891 (59.42%) over the last 5 years and increased by £20,015 (7.32%) over the last 12 months.

Over the last year, there were 12 residential property sales – a decrease of 22 transactions (-183.33%) relative to the previous year. The majority of house sales (6) were in the £170,000 - £332,000 range. Then came properties in the £332,000 - £494,000 range, where 4 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,816 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in PL16 (Lifton)

59.42%

Property prices in Lifton increased by 59.42% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PL16 (Lifton) Over the Last Year

7.32%

Property prices in Lifton increased by 7.32% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PL16 (Lifton) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PL16 (Lifton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PL16 (Lifton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PL16 (Lifton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PL16 (Lifton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PL16 postcode area since 1995.

Recent Sales in PL16 (Lifton)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Homelea, Duntz Hill, Lifton, Devon, PL16 0AD	£325,000	£310,000	-£15,000	31 Jul 2023	23 Feb 2024	207 Days
Saffron, Station Road, Lifton, Devon, PL16 0AN	£185,000	£176,500	-£8,500	10 Jul 2023	14 Dec 2023	157 Days
1 West Week Cottages, Broadwoodwidger, Lifton, Devon, PL16 0EU	£325,000	£320,000	-£5,000	13 Sep 2023	04 Dec 2023	82 Days
18a, North Road, Lifton, Devon, PL16 0DS	£389,950	£385,000	-£4,950	05 Jun 2023	20 Oct 2023	137 Days
18 Ash Vale, Lifton, Devon, PL16 0LB	£345,000	£328,000	-£17,000	23 Jan 2023	09 Jun 2023	137 Days
5 Ash Vale, Lifton, Devon, PL16 0LB	£250,000	£245,000	-£5,000	13 Jan 2023	06 Jun 2023	144 Days
4 Marlow Crescent, Chillaton, Lifton, Devon, PL16 0HT	£220,000	£212,500	-£7,500	27 Jan 2023	27 Apr 2023	90 Days
15 North Road, Lifton, Devon, PL16 0DS	£199,950	£195,000	-£4,950	19 Dec 2022	22 Mar 2023	93 Days
16 Park Wood Rise, Lifton, Devon, PL16 0LA	£350,000	£345,000	-£5,000	06 Jul 2022	12 Dec 2022	159 Days
6 Park Wood Rise, Lifton, Devon, PL16 0LA	£285,000	£265,000	-£20,000	09 Jun 2022	05 Sep 2022	88 Days
22 Park Wood Rise, Lifton, Devon, PL16 0LA	£250,000	£250,000	£00	23 Jun 2022	14 Jul 2022	21 Days
Jackwood, Station Road, Lifton, Devon, PL16 0AN	£195,000	£190,000	-£5,000	31 Mar 2022	01 Jul 2022	92 Days
Herons Ghyll, Fore Street, Lifton, Devon, PL16 0BH	£212,500	£212,500	£00	01 Sep 2021	04 Mar 2022	184 Days
12 Park Wood Rise, Lifton, Devon, PL16 0LA	£325,000	£325,000	£00	07 Apr 2021	29 Sep 2021	175 Days
10 Hannaford Road, Lifton, Devon, PL16 0BD	£215,000	£200,000	-£15,000	03 May 2021	22 Sep 2021	142 Days
3 The Old Rice Mill, Lifton, Devon, PL16 0AF	£230,000	£220,000	-£10,000	03 Feb 2021	28 Jun 2021	145 Days
Homeleigh, Darkey Lane, Lifton, Devon, PL16 0DY	£320,000	£320,000	£00	11 Feb 2021	11 Jun 2021	120 Days
The Pillars, Station Road, Lifton, Devon, PL16 0AN	£225,000	£221,000	-£4,000	19 Feb 2021	26 May 2021	96 Days
2 Westend Cottages, Lifton, Devon, PL16 0BX	£269,000	£250,000	-£19,000	04 Feb 2019	15 Mar 2021	770 Days
15 Park Wood Rise, Lifton, Devon, PL16 0LA	£290,000	£285,000	-£5,000	01 Dec 2020	16 Feb 2021	77 Days

Most Expensive Streets in PL16 (Lifton)

Postcode	Street	Area	Average	No. of Sales
PL16 0HH	Kelly	Lifton	£665,750	4
PL16 0HD	Lifton, Devon	Lifton	£647,500	4
PL16 0JG	Chillaton Court, Chillaton	Lifton	£577,500	4
PL16 0HJ	Kelly	Lifton	£443,512	4
PL16 0EQ	Millers Close	Lifton	£414,285	7
PL16 0HE	Chillaton	Lifton	£408,333	9
PL16 0HP	Chillaton	Lifton	£394,285	7
PL16 0JJ	Broadwoodwidger	Lifton	£379,166	3
PL16 0EH	North Road	Lifton	£377,000	5
PL16 0EH	North Road	Lifton	£377,000	5

Least Expensive Streets in PL16 (Lifton)

Postcode	Street	Area	Average	No. of Sales
PL16 0AN	Station Road	Lifton	£188,500	5
PL16 0DS	North Road	Lifton	£244,200	5
PL16 0LB	Ash Vale	Lifton	£258,700	5
PL16 0LD	Oak Ridge	Lifton	£261,000	3
PL16 0LA	Park Wood Rise	Lifton	£270,950	10
PL16 0BQ	The Lime Kilns, Tinhay	Lifton	£295,750	4
PL16 0DA	Liftondown	Lifton	£326,500	7
PL16 0HS	Chillaton	Lifton	£366,750	4
PL16 0JH	Broadwoodwidger	Lifton	£373,195	10
PL16 0JH	Broadwoodwidger	Lifton	£373,195	10