1, HOMEFIELD CLOSE, OTTERY ST MARY, EX11 1HS - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HOMEFIELD CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £339,686. It was last sold for £240,000 in November 2015, which was around 37% below the average November 2015 detached price in the East Devon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 HOMEFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 HOMEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 1 HOMEFIELD CLOSE 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
2015 23 NOV	£240,000	£383,587	37% below HPI
2002 14 FEB	£48,500	£194,077	75% below HPI

1 HOMEFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 1 HOMEFIELD CLOSE sales from February 2002 and November 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 February 2002 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the November 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 HOMEFIELD CLOSE be worth now?

1 HOMEFIELD CLOSE might now be worth an estimated £339,686.

This is based on house price inflation of 41.5%, between November 2015 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 1 HOMEFIELD CLOSE of £240,000 on 23rd November 2015. For the value to have increased from £240,000 to £339,686 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 HOMEFIELD CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOMEFIELD CLOSE has not materially changed since November 2015.

How Large is 1 HOMEFIELD CLOSE?

1 HOMEFIELD CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ottery St Mary, and where 1 HOMEFIELD CLOSE lies on this distribution: 36% of detached houses houses are smaller than 1 HOMEFIELD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

1 HOMEFIELD CLOSE: Plot and Title Map

1 HOMEFIELD CLOSE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 1 HOMEFIELD CLOSE, 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 1 HOMEFIELD CLOSE). 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 1 HOMEFIELD CLOSE?

1 HOMEFIELD CLOSE is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 1 on HOMEFIELD CLOSE.