1, NEEDLEWOOD CLOSE, WEST HILL, OTTERY ST. MARY, EX11 1XR - £495,000

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.

1 NEEDLEWOOD CLOSE is a very small detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £797,209. It was last sold for £495,000 in May 2007, which was around 48% above the average May 2007 detached price in the East Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 NEEDLEWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 NEEDLEWOOD 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 NEEDLEWOOD CLOSE sales were for above 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
2007 30 MAY	£495,000	£335,248	48% above HPI
1998 16 MAR	£152,500	£110,344	38% above HPI

1 NEEDLEWOOD 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 NEEDLEWOOD CLOSE sales from March 1998 and May 2007 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 March 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2007 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 1 NEEDLEWOOD CLOSE be worth now?

1 NEEDLEWOOD CLOSE might now be worth an estimated £797,209.

This is based on house price inflation of 61.1%, between May 2007 and February 2025, 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 61.1% inflationary increase is applied to the most recent sale price for 1 NEEDLEWOOD CLOSE of £495,000 on 30th May 2007. For the value to have increased from £495,000 to £797,209 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 1 NEEDLEWOOD CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2007 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEEDLEWOOD CLOSE has not materially changed since May 2007.

How Large is 1 NEEDLEWOOD CLOSE?

1 NEEDLEWOOD CLOSE is 111m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hill, and where 1 NEEDLEWOOD CLOSE lies on this distribution: 10% of detached houses houses are smaller than 1 NEEDLEWOOD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in West Hill.

1 NEEDLEWOOD CLOSE: Plot and Title Map

1 NEEDLEWOOD CLOSE sits on a plot of roughly 0.373 of an acre, or 1,508m². The below map shows the location of 1 NEEDLEWOOD 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 NEEDLEWOOD 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 NEEDLEWOOD CLOSE?

1 NEEDLEWOOD CLOSE is located in WEST HILL, in the EX11 postcode district. The below map shows the position of No. 1 on NEEDLEWOOD CLOSE.